Principal Securities Inc. Purchases 2,304 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Principal Securities Inc. increased its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 100.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,588 shares of the company’s stock after acquiring an additional 2,304 shares during the period. Principal Securities Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pathway Financial Advisers LLC raised its position in Fidelity Blue Chip Growth ETF by 530.2% in the third quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after acquiring an additional 790 shares during the period. Synergy Asset Management LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $73,000. Stonebridge Financial Group LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $95,000. Silver Oak Securities Incorporated purchased a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $211,000. Finally, Schmidt P J Investment Management Inc. bought a new position in Fidelity Blue Chip Growth ETF during the fourth quarter valued at $214,000.

Fidelity Blue Chip Growth ETF Stock Up 0.2 %

BATS:FBCG opened at $45.95 on Tuesday. The stock has a market capitalization of $1.74 billion, a P/E ratio of 35.50 and a beta of 1.47. The stock has a 50-day moving average price of $47.41 and a two-hundred day moving average price of $44.87.

Fidelity Blue Chip Growth ETF Company 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.