Fort Sheridan Advisors LLC Acquires Shares of 5,130 Fidelity Blue Chip Growth ETF (BATS:FBCG)

Fort Sheridan Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, Holdings Channel.com reports. The fund bought 5,130 shares of the company’s stock, valued at approximately $237,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Pathway Financial Advisers LLC grew its stake in Fidelity Blue Chip Growth ETF by 29.0% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock worth $56,000 after purchasing an additional 272 shares in the last quarter. Synergy Asset Management LLC bought a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $73,000. Stonebridge Financial Group LLC bought a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $95,000. Silver Oak Securities Incorporated acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $211,000. Finally, Principal Securities Inc. boosted its holdings in Fidelity Blue Chip Growth ETF by 100.9% in the fourth quarter. Principal Securities Inc. now owns 4,588 shares of the company’s stock worth $212,000 after purchasing an additional 2,304 shares during the period.

Fidelity Blue Chip Growth ETF Trading Down 1.8 %

Shares of BATS:FBCG opened at $45.02 on Friday. The company has a market cap of $1.71 billion, a P/E ratio of 35.50 and a beta of 1.47. The firm’s fifty day simple moving average is $47.23 and its 200-day simple moving average is $44.95.

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.