Schmidt P J Investment Management Inc. Takes $214,000 Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Schmidt P J Investment Management Inc. bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,634 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also added to or reduced their stakes in the company. Wealth Effects LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 3.6% in the 4th quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock worth $417,000 after purchasing an additional 311 shares in the last quarter. Sachetta LLC grew its position in Fidelity Blue Chip Growth ETF by 1.3% during the third quarter. Sachetta LLC now owns 26,554 shares of the company’s stock valued at $1,136,000 after acquiring an additional 350 shares during the last quarter. LJI Wealth Management LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 2.6% during the third quarter. LJI Wealth Management LLC now owns 14,270 shares of the company’s stock worth $610,000 after acquiring an additional 361 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 1.1% in the 4th quarter. Mutual Advisors LLC now owns 44,725 shares of the company’s stock worth $2,087,000 after acquiring an additional 490 shares during the last quarter. Finally, Avaii Wealth Management LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 3.7% in the 3rd quarter. Avaii Wealth Management LLC now owns 14,603 shares of the company’s stock valued at $625,000 after purchasing an additional 521 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Fidelity Blue Chip Growth ETF stock opened at $47.64 on Thursday. The stock has a fifty day simple moving average of $47.28 and a two-hundred day simple moving average of $44.09. The company has a market capitalization of $1.81 billion, a P/E ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF Company Profile

The Fidelity Blue Chip Growth ETF (FBCG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively-managed, non-transparent fund of fundamentally-selected global growth stocks. The fund utilizes the Fidelity non-transparent model. FBCG was launched on Jun 3, 2020 and is managed by Fidelity.