Larson Financial Group LLC Boosts Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Larson Financial Group LLC lifted its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 909.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,065 shares of the company’s stock after buying an additional 6,365 shares during the quarter. Larson Financial Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Dynasty Wealth Management LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth approximately $258,132,000. JPMorgan Chase & Co. grew its position in shares of Fidelity Blue Chip Growth ETF by 11.3% during the third 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. Thrivent Financial for Lutherans grew its position in shares of Fidelity Blue Chip Growth ETF by 173.4% during the third quarter. Thrivent Financial for Lutherans now owns 1,872,861 shares of the company’s stock worth $80,102,000 after buying an additional 1,187,944 shares in the last quarter. KFA Private Wealth Group LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 14.9% during the fourth quarter. KFA Private Wealth Group LLC now owns 850,263 shares of the company’s stock worth $39,333,000 after buying an additional 110,253 shares in the last quarter. Finally, Sowa Financial Group Inc. grew its position in shares of Fidelity Blue Chip Growth ETF by 29.6% during the fourth quarter. Sowa Financial Group Inc. now owns 448,604 shares of the company’s stock worth $20,752,000 after buying an additional 102,517 shares in the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock opened at $40.22 on Tuesday. The firm has a market capitalization of $3.55 billion, a P/E ratio of 35.21 and a beta of 1.30. The stock’s fifty day moving average is $46.62 and its 200 day moving average is $45.05.

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.