IVC Wealth Advisors LLC Buys New Shares in Fidelity Blue Chip Growth ETF (BATS:FBCG)

IVC Wealth Advisors LLC purchased a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, Holdings Channel reports. The firm purchased 6,833 shares of the company’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Dentgroup LLC raised its position in Fidelity Blue Chip Growth ETF by 1.4% in the third quarter. Dentgroup LLC now owns 19,149 shares of the company’s stock worth $819,000 after purchasing an additional 261 shares in the last quarter. Sachetta LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 1.3% in the 3rd quarter. Sachetta LLC now owns 26,554 shares of the company’s stock worth $1,136,000 after buying an additional 350 shares in the last quarter. LJI Wealth Management LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 2.6% during the 3rd quarter. LJI Wealth Management LLC now owns 14,270 shares of the company’s stock worth $610,000 after buying an additional 361 shares during the period. Mutual Advisors LLC boosted its stake in Fidelity Blue Chip Growth ETF by 1.1% in the 4th 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 in the last quarter. Finally, Avaii Wealth Management LLC grew its position in Fidelity Blue Chip Growth ETF by 3.7% in the third quarter. Avaii Wealth Management LLC now owns 14,603 shares of the company’s stock valued at $625,000 after acquiring an additional 521 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of BATS FBCG opened at $48.64 on Friday. The firm’s 50-day moving average is $46.86 and its two-hundred day moving average is $43.80. The company has a market capitalization of $1.84 billion, a PE 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.