Kerntke Otto McGlone Wealth Management Group Invests $292,000 in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Kerntke Otto McGlone Wealth Management Group bought a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,762 shares of the company’s stock, valued at approximately $292,000. Kerntke Otto McGlone Wealth Management Group owned approximately 0.06% of Fidelity Blue Chip Growth ETF at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Allworth Financial LP acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at $27,000. Capital Analysts LLC purchased a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $52,000. Harbor Investment Advisory LLC increased its position in Fidelity Blue Chip Growth ETF by 20.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 6,150 shares of the company’s stock worth $205,000 after buying an additional 1,050 shares during the period. Essex Financial Services Inc. purchased a new stake in Fidelity Blue Chip Growth ETF in the third quarter valued at approximately $211,000. Finally, Sunbelt Securities Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 127.1% in the third quarter. Sunbelt Securities Inc. now owns 7,307 shares of the company’s stock valued at $212,000 after buying an additional 4,090 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 1.7 %

Shares of FBCG traded up $0.64 during mid-day trading on Friday, reaching $38.28. 789,241 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $37.77 and its two-hundred day simple moving average is $34.45. The stock has a market cap of $1.45 billion, a PE ratio of 35.45 and a beta of 1.43.

Fidelity Blue Chip Growth ETF Company 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.