SOL Capital Management CO Purchases Shares of 6,830 Fidelity Blue Chip Growth ETF (BATS:FBCG)

SOL Capital Management CO acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,830 shares of the company’s stock, valued at approximately $316,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in 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 purchasing an additional 311,037 shares during the period. FMR LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 9.5% in the 3rd quarter. FMR LLC now owns 21,931 shares of the company’s stock worth $938,000 after buying an additional 1,911 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 2.6% during the third quarter. HighTower Advisors LLC now owns 167,572 shares of the company’s stock valued at $7,167,000 after acquiring an additional 4,226 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Fidelity Blue Chip Growth ETF by 39.8% during the third quarter. Stifel Financial Corp now owns 12,702 shares of the company’s stock valued at $543,000 after acquiring an additional 3,618 shares in the last quarter. Finally, 17 Capital Partners LLC lifted its stake in Fidelity Blue Chip Growth ETF by 29.4% in the third quarter. 17 Capital Partners LLC now owns 10,107 shares of the company’s stock worth $432,000 after acquiring an additional 2,295 shares during the period.

Fidelity Blue Chip Growth ETF Trading Up 3.5 %

Shares of Fidelity Blue Chip Growth ETF stock opened at $47.46 on Friday. The stock has a market cap of $1.80 billion, a P/E ratio of 35.50 and a beta of 1.47. The firm’s 50-day moving average is $47.18 and its two-hundred day moving average is $43.97.

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.