Fidelity Blue Chip Growth ETF $FBCG Shares Acquired by Sowa Financial Group Inc.

Sowa Financial Group Inc. raised its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 596,795 shares of the company’s stock after buying an additional 24,288 shares during the period. Fidelity Blue Chip Growth ETF accounts for about 17.0% of Sowa Financial Group Inc.’s portfolio, making the stock its largest holding. Sowa Financial Group Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $32,728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at about $26,000. Cornerstone Planning Group LLC acquired a new position in Fidelity Blue Chip Growth ETF during the third quarter valued at approximately $27,000. NBC Securities Inc. bought a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $35,000. Raleigh Capital Management Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $70,000. Finally, Key Capital Management INC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $105,000.

Fidelity Blue Chip Growth ETF Stock Up 1.8%

Shares of Fidelity Blue Chip Growth ETF stock opened at $60.55 on Thursday. The stock has a market cap of $5.49 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12-month low of $40.52 and a 12-month high of $60.78. The business’s 50 day moving average is $53.70 and its 200-day moving average is $54.14.

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.