Worth Asset Management LLC Takes Position in Fidelity Blue Chip Growth ETF $FBCG

Worth Asset Management LLC bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 29,768 shares of the company’s stock, valued at approximately $1,492,000.

Several other institutional investors also recently bought and sold shares of the company. Arax Advisory Partners acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth $35,000. NBC Securities Inc. acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at $35,000. Royal Bank of Canada increased its position in shares of Fidelity Blue Chip Growth ETF by 104.0% in the 4th quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock valued at $61,000 after acquiring an additional 567 shares during the period. Steward Partners Investment Advisory LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $62,000. Finally, Raleigh Capital Management Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $70,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $62.11 on Tuesday. The stock has a 50-day moving average of $60.24 and a two-hundred day moving average of $55.87. The stock has a market cap of $5.64 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a one year low of $45.20 and a one year high of $64.32.

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.