21,272 Shares in Fidelity Blue Chip Growth ETF $FBCG Purchased by Avaii Wealth Management LLC

Avaii Wealth Management LLC purchased a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, HoldingsChannel reports. The institutional investor purchased 21,272 shares of the company’s stock, valued at approximately $1,361,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Inspirion Wealth Advisors LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $298,000. First Heartland Consultants Inc. grew its stake in Fidelity Blue Chip Growth ETF by 73.2% during the 3rd quarter. First Heartland Consultants Inc. now owns 203,733 shares of the company’s stock valued at $12,878,000 after purchasing an additional 86,115 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter valued at about $1,559,000. CoreCap Advisors LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the third quarter valued at about $917,000. Finally, Dickmeyer Boyce Financial Management Inc. increased its holdings in shares of Fidelity Blue Chip Growth ETF by 231.0% in the third quarter. Dickmeyer Boyce Financial Management Inc. now owns 17,499 shares of the company’s stock valued at $1,106,000 after purchasing an additional 12,212 shares during the period.

Fidelity Blue Chip Growth ETF Stock Up 0.7%

Shares of BATS:FBCG traded up $0.42 during trading on Friday, hitting $63.97. The stock had a trading volume of 771,404 shares, compared to its average volume of 628,501. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $65.17. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The stock has a 50-day simple moving average of $62.47 and a two-hundred day simple moving average of $60.16.

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.