Adell Harriman & Carpenter Inc. Buys 338 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Adell Harriman & Carpenter Inc. boosted its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,621 shares of the company’s stock after buying an additional 338 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $1,555,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FBCG. Pathway Financial Advisers LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 29.0% during the fourth quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock valued at $56,000 after buying an additional 272 shares during the last quarter. Wealth Effects LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 3.6% in the 4th quarter. Wealth Effects LLC now owns 9,011 shares of the company’s stock worth $417,000 after purchasing an additional 311 shares in the last quarter. Sachetta LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 1.3% in the third quarter. Sachetta LLC now owns 26,554 shares of the company’s stock worth $1,136,000 after purchasing an additional 350 shares during the last quarter. LJI Wealth Management LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 2.6% during the third quarter. LJI Wealth Management LLC now owns 14,270 shares of the company’s stock valued at $610,000 after purchasing an additional 361 shares in the last quarter. Finally, Mutual Advisors LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 1.1% during the fourth quarter. Mutual Advisors LLC now owns 44,725 shares of the company’s stock valued at $2,087,000 after buying an additional 490 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $48.48 on Friday. The stock has a 50 day simple moving average of $47.43 and a 200-day simple moving average of $44.37. The company has a market cap of $1.84 billion, a P/E ratio of 35.50 and a beta of 1.47.

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.