JPMorgan Chase & Co. Purchases 68,934 Shares of Fidelity Blue Chip Growth ETF $FBCG

JPMorgan Chase & Co. raised its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 0.7% during the third quarter, HoldingsChannel.com reports. The firm owned 9,308,010 shares of the company’s stock after acquiring an additional 68,934 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.10% of Fidelity Blue Chip Growth ETF worth $499,468,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FBCG. Hantz Financial Services Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter worth $26,000. Cornerstone Planning Group LLC bought a new position in Fidelity Blue Chip Growth ETF in the third quarter valued at $27,000. First United Bank & Trust grew its holdings in shares of Fidelity Blue Chip Growth ETF by 838.0% in the 3rd quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock valued at $126,000 after acquiring an additional 2,095 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $170,000. Finally, Raymond James Financial Inc. bought a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth $203,000.

Fidelity Blue Chip Growth ETF Stock Up 0.3%

FBCG opened at $52.14 on Wednesday. The business has a 50 day moving average of $53.71 and a 200-day moving average of $53.85. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $56.50. The stock has a market cap of $4.73 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.