SMI Advisory Services LLC Takes $1.34 Million Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

SMI Advisory Services LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,131 shares of the company’s stock, valued at approximately $1,344,000. SMI Advisory Services LLC owned approximately 0.24% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Allworth Financial LP bought a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter worth about $27,000. Capital Analysts LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $52,000. Sachetta LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $76,000. Principal Securities Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $78,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 20.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 6,150 shares of the company’s stock valued at $205,000 after purchasing an additional 1,050 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

FBCG opened at $42.70 on Thursday. The stock has a market capitalization of $1.62 billion, a PE ratio of 35.50 and a beta of 1.47. The firm’s fifty day moving average is $39.82 and its 200 day moving average is $37.22.

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.