Johnson Investment Counsel Inc. Invests $419,000 in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Johnson Investment Counsel Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,058 shares of the company’s stock, valued at approximately $419,000.

Several other institutional investors and hedge funds have also made changes to their positions in FBCG. Dynasty Wealth Management LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $258,132,000. Thrivent Financial for Lutherans increased its position in Fidelity Blue Chip Growth ETF by 173.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock worth $80,102,000 after purchasing an additional 1,187,944 shares during the period. Centerline Wealth Advisors LLC acquired a new position in Fidelity Blue Chip Growth ETF during the fourth quarter worth about $18,331,000. JPMorgan Chase & Co. boosted its position in shares of Fidelity Blue Chip Growth ETF by 11.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,057,016 shares of the company’s stock worth $130,749,000 after buying an additional 311,037 shares in the last quarter. Finally, Proficio Capital Partners LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 4,703.7% in the fourth quarter. Proficio Capital Partners LLC now owns 316,515 shares of the company’s stock valued at $14,642,000 after purchasing an additional 309,926 shares during the last quarter.

Fidelity Blue Chip Growth ETF Trading Down 12.3 %

FBCG opened at $40.22 on Friday. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 35.21 and a beta of 1.30. The firm’s 50 day moving average is $46.27 and its two-hundred day moving average is $44.98.

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.