Fidelity Blue Chip Growth ETF $FBCG Shares Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC raised its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 36.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,205 shares of the company’s stock after purchasing an additional 39,408 shares during the quarter. Sax Wealth Advisors LLC owned 0.16% of Fidelity Blue Chip Growth ETF worth $7,845,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Creative Financial Designs Inc. ADV increased its position in shares of Fidelity Blue Chip Growth ETF by 221.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock worth $36,000 after purchasing an additional 521 shares during the last quarter. Northwest Capital Management Inc purchased a new position in Fidelity Blue Chip Growth ETF during the second quarter worth about $52,000. Russell Investments Group Ltd. purchased a new position in Fidelity Blue Chip Growth ETF during the first quarter worth about $64,000. Harbor Asset Planning Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at about $132,000. Finally, Base Wealth Management LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at approximately $208,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG stock opened at $55.20 on Wednesday. The firm has a market cap of $5.01 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm’s 50 day moving average price is $54.49 and its 200-day moving average price is $52.10. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14.

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.