Stonebridge Financial Group LLC MO Takes $2.16 Million Position in Fidelity Blue Chip Growth ETF $FBCG

Stonebridge Financial Group LLC MO acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 39,378 shares of the company’s stock, valued at approximately $2,160,000. Fidelity Blue Chip Growth ETF accounts for approximately 1.9% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 11th largest holding.

Several other large investors also recently modified their holdings of the stock. Summit Wealth Group LLC Co. bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at approximately $3,018,000. Money Concepts Capital Corp bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at approximately $923,000. Koshinski Asset Management Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at approximately $490,000. International Assets Investment Management LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 16.2% in the 4th quarter. International Assets Investment Management LLC now owns 16,656 shares of the company’s stock valued at $913,000 after purchasing an additional 2,319 shares during the period. Finally, Sowa Financial Group Inc. grew its position in Fidelity Blue Chip Growth ETF by 4.2% during the 4th quarter. Sowa Financial Group Inc. now owns 596,795 shares of the company’s stock worth $32,728,000 after acquiring an additional 24,288 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $60.36 on Wednesday. The firm has a market cap of $5.48 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a one year low of $43.25 and a one year high of $61.40. The stock’s 50 day simple moving average is $54.26 and its 200 day simple moving average is $54.34.

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.