Kowal Investment Group LLC Purchases 641,259 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Kowal Investment Group LLC lifted its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 3,427.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 659,969 shares of the company’s stock after buying an additional 641,259 shares during the period. Fidelity Blue Chip Growth ETF comprises approximately 5.6% of Kowal Investment Group LLC’s portfolio, making the stock its 5th biggest position. Kowal Investment Group LLC owned about 1.74% of Fidelity Blue Chip Growth ETF worth $28,009,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FBCG. IAG Wealth Partners LLC purchased a new position in Fidelity Blue Chip Growth ETF during the second quarter valued at approximately $28,000. Larson Financial Group LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter valued at $30,000. Mark Sheptoff Financial Planning LLC increased its stake in shares of Fidelity Blue Chip Growth ETF by 33.0% in the first quarter. Mark Sheptoff Financial Planning LLC now owns 1,786 shares of the company’s stock worth $69,000 after acquiring an additional 443 shares during the last quarter. Sequent Asset Management LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth $144,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the second quarter valued at $192,000.

Fidelity Blue Chip Growth ETF Stock Down 0.4 %

Shares of BATS FBCG opened at $42.23 on Friday. The company has a 50 day moving average price of $40.85 and a 200-day moving average price of $40.10. The stock has a market capitalization of $1.60 billion, a P/E 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.