5,986 Shares in Fidelity Blue Chip Growth ETF (BATS:FBCG) Bought by Moors & Cabot Inc.

Moors & Cabot Inc. bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 5,986 shares of the company’s stock, valued at approximately $277,000.

A number of other large investors also recently added to or reduced their stakes in the business. Wealthfront Advisers LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $44,000. Johnson Investment Counsel Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $419,000. Larson Financial Group LLC raised its position in Fidelity Blue Chip Growth ETF by 909.3% in the 4th quarter. Larson Financial Group LLC now owns 7,065 shares of the company’s stock worth $327,000 after purchasing an additional 6,365 shares during the period. PNC Financial Services Group Inc. raised its position in Fidelity Blue Chip Growth ETF by 89.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 65,680 shares of the company’s stock worth $3,038,000 after purchasing an additional 31,095 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth $338,000.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock opened at $41.32 on Monday. The company has a 50-day moving average price of $46.17 and a 200-day moving average price of $45.02. The stock has a market capitalization of $3.65 billion, a PE ratio of 35.21 and a beta of 1.30.

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.