Fidelity Blue Chip Growth ETF $FBCG Shares Purchased by POM Investment Strategies LLC

POM Investment Strategies LLC raised its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 107.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,716 shares of the company’s stock after buying an additional 10,739 shares during the period. Fidelity Blue Chip Growth ETF makes up about 1.5% of POM Investment Strategies LLC’s holdings, making the stock its 13th biggest holding. POM Investment Strategies LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,287,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of FBCG. Align Financial LLC bought a new position in Fidelity Blue Chip Growth ETF during the 4th quarter valued at $845,406,000. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity Blue Chip Growth ETF by 249.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock valued at $127,531,000 after buying an additional 1,660,026 shares in the last quarter. Thrivent Financial for Lutherans lifted its holdings in Fidelity Blue Chip Growth ETF by 405.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock worth $79,975,000 after buying an additional 1,169,960 shares during the last quarter. FIL Ltd bought a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $57,382,000. Finally, Storgate LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $31,827,000.

Fidelity Blue Chip Growth ETF Trading Up 0.4%

FBCG stock opened at $62.36 on Friday. The stock’s 50 day simple moving average is $61.33 and its 200 day simple moving average is $58.34. Fidelity Blue Chip Growth ETF has a 12-month low of $47.60 and a 12-month high of $64.32. The firm has a market cap of $5.66 billion, a P/E 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.