LJI Wealth Management LLC Boosts Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

LJI Wealth Management LLC increased its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 2.6% in the 3rd quarter, Holdings Channel reports. The fund owned 14,270 shares of the company’s stock after buying an additional 361 shares during the quarter. LJI Wealth Management LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $610,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FBCG. IAG Wealth Partners LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at approximately $28,000. Larson Financial Group LLC bought a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $30,000. Pathway Financial Advisers LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 530.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock valued at $40,000 after purchasing an additional 790 shares during the period. Mark Sheptoff Financial Planning LLC raised its holdings in Fidelity Blue Chip Growth ETF by 33.0% during the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,786 shares of the company’s stock valued at $69,000 after acquiring an additional 443 shares during the period. Finally, Armstrong Advisory Group Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 3rd quarter worth approximately $70,000.

Fidelity Blue Chip Growth ETF Trading Down 2.1 %

Shares of BATS:FBCG traded down $0.95 during midday trading on Friday, reaching $44.59. 632,677 shares of the company were exchanged. The company’s 50 day moving average is $43.22 and its two-hundred day moving average is $41.72. The firm has a market capitalization of $1.69 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.