Cwm LLC Grows Holdings in Fidelity Blue Chip Growth ETF $FBCG

Cwm LLC lifted its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 11.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 946,321 shares of the company’s stock after acquiring an additional 94,783 shares during the quarter. Cwm LLC owned 1.04% of Fidelity Blue Chip Growth ETF worth $50,780,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Sagespring Wealth Partners LLC raised its position in Fidelity Blue Chip Growth ETF by 0.6% in the second quarter. Sagespring Wealth Partners LLC now owns 6,228,360 shares of the company’s stock valued at $300,456,000 after purchasing an additional 34,333 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 8.6% in the second quarter. Commonwealth Equity Services LLC now owns 2,892,574 shares of the company’s stock valued at $139,538,000 after buying an additional 230,211 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at $76,807,000. Bank of America Corp DE raised its holdings in shares of Fidelity Blue Chip Growth ETF by 9.5% in the 2nd quarter. Bank of America Corp DE now owns 1,523,298 shares of the company’s stock valued at $73,484,000 after buying an additional 132,777 shares during the period. Finally, MML Investors Services LLC lifted its stake in Fidelity Blue Chip Growth ETF by 2.1% during the 2nd quarter. MML Investors Services LLC now owns 1,158,247 shares of the company’s stock worth $55,874,000 after acquiring an additional 23,767 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS FBCG opened at $55.56 on Friday. The company has a market cap of $5.04 billion, a P/E ratio of 29.62 and a beta of 1.32. The stock has a 50-day moving average of $54.37 and a two-hundred day moving average of $51.82. Fidelity Blue Chip Growth ETF has a 1-year low of $33.57 and a 1-year high of $50.14.

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.