Synergy Asset Management LLC Acquires New Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Synergy Asset Management LLC bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,712 shares of the company’s stock, valued at approximately $73,000.

A number of other large investors have also bought and sold shares of the company. Pathway Financial Advisers LLC grew its stake in shares of Fidelity Blue Chip Growth ETF by 530.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock worth $40,000 after acquiring an additional 790 shares during the period. Armstrong Advisory Group Inc. bought a new position in Fidelity Blue Chip Growth ETF during the third quarter worth about $70,000. Inspirion Wealth Advisors LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $216,000. Arkadios Wealth Advisors purchased a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter worth about $216,000. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $301,000.

Fidelity Blue Chip Growth ETF Stock Up 4.2 %

Fidelity Blue Chip Growth ETF stock opened at $47.76 on Friday. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47. The stock has a 50 day moving average of $47.13 and a two-hundred day moving average of $43.94.

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.