Condor Capital Management Invests $4.46 Million in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Condor Capital Management bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 96,457 shares of the company’s stock, valued at approximately $4,462,000.

Several other institutional investors also recently bought and sold shares of FBCG. Dynasty Wealth Management LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter valued at about $258,132,000. Centerline Wealth Advisors LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at about $18,331,000. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 19.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,233,085 shares of the company’s stock valued at $103,303,000 after acquiring an additional 362,051 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 11.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock valued at $130,749,000 after acquiring an additional 311,037 shares during the last quarter. Finally, Proficio Capital Partners LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 4,703.7% during the 4th quarter. Proficio Capital Partners LLC now owns 316,515 shares of the company’s stock valued at $14,642,000 after acquiring an additional 309,926 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 9.7 %

Shares of BATS FBCG opened at $41.39 on Thursday. The firm’s 50-day moving average price is $45.79 and its 200-day moving average price is $45.00. The company has a market cap of $3.66 billion, a PE ratio of 35.99 and a beta of 1.30. Fidelity Blue Chip Growth ETF has a 52-week low of $35.62 and a 52-week high of $48.84.

Fidelity Blue Chip Growth ETF Company 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.