Quotient Wealth Partners LLC Grows Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Quotient Wealth Partners LLC increased its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 94.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,743 shares of the company’s stock after acquiring an additional 18,865 shares during the period. Quotient Wealth Partners LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,792,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FBCG. Thrivent Financial for Lutherans raised its position in Fidelity Blue Chip Growth ETF by 173.4% in the third quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock worth $80,102,000 after acquiring an additional 1,187,944 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Fidelity Blue Chip Growth ETF by 49.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,871,034 shares of the company’s stock worth $80,024,000 after purchasing an additional 621,992 shares in the last quarter. Centerline Wealth Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $18,331,000. JPMorgan Chase & Co. lifted its position in Fidelity Blue Chip Growth ETF by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock valued at $130,749,000 after purchasing an additional 311,037 shares in the last quarter. Finally, KFA Private Wealth Group LLC increased its position in Fidelity Blue Chip Growth ETF by 66.7% in the third quarter. KFA Private Wealth Group LLC now owns 740,010 shares of the company’s stock worth $31,650,000 after buying an additional 296,050 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 3.4 %

FBCG stock opened at $47.40 on Friday. The company’s fifty day moving average is $47.39 and its 200-day moving average is $44.18. The stock has a market cap of $1.80 billion, a PE ratio of 35.50 and a beta of 1.47.

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.