Liberty Wealth Management LLC Acquires New Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Liberty Wealth Management LLC bought a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the second quarter, Holdings Channel reports. The fund bought 8,092 shares of the company’s stock, valued at approximately $343,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Synergy Asset Management LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth $292,000. Larson Financial Group LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $30,000. Wealth Effects LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $369,000. Ferguson Shapiro LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $931,000. Finally, Mitchell Mcleod Pugh & Williams Inc. acquired a new stake in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $1,027,000.

Fidelity Blue Chip Growth ETF Stock Performance

BATS FBCG opened at $39.49 on Tuesday. The firm has a market cap of $1.50 billion, a P/E ratio of 35.50 and a beta of 1.47. The firm has a fifty day moving average price of $41.23 and a 200-day moving average price of $39.87.

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.