Bank of New York Mellon Corp Purchases Shares of 5,327 Fidelity Blue Chip Growth ETF (BATS:FBCG)

Bank of New York Mellon Corp acquired a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 5,327 shares of the company’s stock, valued at approximately $246,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Pathway Financial Advisers LLC grew its position in Fidelity Blue Chip Growth ETF by 29.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,211 shares of the company’s stock worth $56,000 after acquiring an additional 272 shares during the last quarter. Synergy Asset Management LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth $73,000. Stonebridge Financial Group LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter valued at $95,000. Silver Oak Securities Incorporated bought a new stake in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $211,000. Finally, Inspirion Wealth Advisors LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $216,000.

Fidelity Blue Chip Growth ETF Stock Down 12.5 %

Shares of Fidelity Blue Chip Growth ETF stock opened at $40.13 on Friday. The business has a 50 day moving average of $45.10 and a 200 day moving average of $45.08. Fidelity Blue Chip Growth ETF has a 52 week low of $35.62 and a 52 week high of $48.84. The company has a market cap of $3.55 billion, a PE ratio of 35.99 and a beta of 1.30.

Fidelity Blue Chip Growth ETF 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.