Align Financial LLC Purchases New Holdings in Fidelity Blue Chip Growth ETF $FBCG

Align Financial LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, HoldingsChannel reports. The firm acquired 15,415,866 shares of the company’s stock, valued at approximately $845,406,000. Fidelity Blue Chip Growth ETF accounts for approximately 3.8% of Align Financial LLC’s portfolio, making the stock its 6th largest holding. Align Financial LLC owned 0.17% of Fidelity Blue Chip Growth ETF at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Fidelity Blue Chip Growth ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock valued at $535,240,000 after purchasing an additional 452,011 shares in the last quarter. Dynasty Wealth Management LLC raised its position in Fidelity Blue Chip Growth ETF by 6.1% during the fourth quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock valued at $408,131,000 after purchasing an additional 431,140 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 purchasing an additional 1,660,026 shares in the last quarter. Bank of America Corp DE raised its position in Fidelity Blue Chip Growth ETF by 2.1% during the third quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock valued at $83,462,000 after purchasing an additional 32,087 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Fidelity Blue Chip Growth ETF by 405.7% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock valued at $79,975,000 after purchasing an additional 1,169,960 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG opened at $61.37 on Thursday. Fidelity Blue Chip Growth ETF has a one year low of $45.20 and a one year high of $64.32. The company has a market cap of $5.57 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm has a 50 day simple moving average of $59.65 and a two-hundred day simple moving average of $55.71.

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.