Storgate LLC Takes Position in Fidelity Blue Chip Growth ETF $FBCG

Storgate LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 580,355 shares of the company’s stock, valued at approximately $31,827,000. Fidelity Blue Chip Growth ETF comprises 26.2% of Storgate LLC’s investment portfolio, making the stock its largest position. Storgate LLC owned approximately 0.64% of Fidelity Blue Chip Growth ETF as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FBCG. Base Wealth Management LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Base Wealth Management LLC now owns 4,088 shares of the company’s stock valued at $224,000 after acquiring an additional 214 shares in the last quarter. Fort Sheridan Advisors LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Fort Sheridan Advisors LLC now owns 5,144 shares of the company’s stock valued at $282,000 after acquiring an additional 269 shares in the last quarter. Avaii Wealth Management LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 1.5% during the fourth quarter. Avaii Wealth Management LLC now owns 20,330 shares of the company’s stock valued at $1,115,000 after acquiring an additional 309 shares in the last quarter. Clear Investment Research LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 1.7% during the fourth quarter. Clear Investment Research LLC now owns 25,423 shares of the company’s stock valued at $1,394,000 after acquiring an additional 429 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter valued at approximately $26,000.

Fidelity Blue Chip Growth ETF Stock Up 0.2%

Shares of FBCG opened at $61.04 on Friday. The company has a market capitalization of $5.54 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm has a 50 day moving average of $58.99 and a 200 day moving average of $55.53. Fidelity Blue Chip Growth ETF has a twelve month low of $45.20 and a twelve month high of $64.32.

About Fidelity Blue Chip Growth ETF

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.