Investment Advisory Group LLC Buys 1,940 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Investment Advisory Group LLC grew its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 17.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,896 shares of the company’s stock after acquiring an additional 1,940 shares during the period. Investment Advisory Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $552,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 1.6% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 46,910 shares of the company’s stock valued at $1,563,000 after purchasing an additional 750 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 43.3% in the 1st quarter. J.W. Cole Advisors Inc. now owns 40,624 shares of the company’s stock valued at $1,563,000 after purchasing an additional 12,278 shares during the last quarter. Dentgroup LLC lifted its stake in Fidelity Blue Chip Growth ETF by 1.4% in the 3rd quarter. Dentgroup LLC now owns 19,149 shares of the company’s stock valued at $819,000 after purchasing an additional 261 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at about $249,000. Finally, Larson Financial Group LLC acquired a new stake in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at about $30,000.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG traded down $0.49 during mid-day trading on Tuesday, hitting $43.48. The stock had a trading volume of 266,660 shares. The firm has a market cap of $1.65 billion, a PE ratio of 35.50 and a beta of 1.47. The stock has a fifty day simple moving average of $41.43 and a 200 day simple moving average of $40.63.

Fidelity Blue Chip Growth ETF 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.