Fidelity Blue Chip Growth ETF (BATS:FBCG) Reaches New 1-Year High – What’s Next?

Fidelity Blue Chip Growth ETF (BATS:FBCG) hit a new 52-week high on Tuesday . The stock traded as high as $59.50 and last traded at $59.31, with a volume of 79354 shares. The stock had previously closed at $58.78.

Fidelity Blue Chip Growth ETF Price Performance

The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The firm has a fifty day simple moving average of $53.84 and a two-hundred day simple moving average of $54.19.

Institutional Investors Weigh In On Fidelity Blue Chip Growth ETF

Several institutional investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter worth about $26,000. Cornerstone Planning Group LLC acquired a new position in Fidelity Blue Chip Growth ETF in the 3rd quarter worth approximately $27,000. NBC Securities Inc. acquired a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $35,000. Arax Advisory Partners acquired a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $35,000. Finally, Meramec Financial Planners LLC acquired a new position in Fidelity Blue Chip Growth ETF in the 1st quarter worth approximately $51,000.

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.