Fidelity Blue Chip Growth ETF (BATS:FBCG) is KFA Private Wealth Group LLC’s 2nd Largest Position

KFA Private Wealth Group LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 14.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 850,263 shares of the company’s stock after purchasing an additional 110,253 shares during the period. Fidelity Blue Chip Growth ETF accounts for approximately 16.5% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 2nd largest holding. KFA Private Wealth Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $39,333,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 530.2% during the third quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after buying an additional 790 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter worth about $70,000. Inspirion Wealth Advisors LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth about $216,000. Arkadios Wealth Advisors purchased a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth about $216,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth approximately $301,000.

Fidelity Blue Chip Growth ETF Stock Up 1.5 %

Shares of FBCG stock opened at $46.53 on Tuesday. The stock’s 50 day moving average is $47.04 and its 200 day moving average is $43.89. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF Company Profile

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.