Salus Financial Advisors LLC Has $10.49 Million Stock Holdings in Fidelity Blue Chip Growth ETF $FBCG

Salus Financial Advisors LLC cut its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 9.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,429 shares of the company’s stock after selling 21,392 shares during the quarter. Fidelity Blue Chip Growth ETF makes up 6.5% of Salus Financial Advisors LLC’s portfolio, making the stock its 5th largest position. Salus Financial Advisors LLC owned about 0.22% of Fidelity Blue Chip Growth ETF worth $10,487,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Thrivent Financial for Lutherans bought a new stake in Fidelity Blue Chip Growth ETF during the second quarter worth about $76,807,000. Dynasty Wealth Management LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 27.3% during the 3rd quarter. Dynasty Wealth Management LLC now owns 7,011,069 shares of the company’s stock worth $376,214,000 after purchasing an additional 1,503,658 shares in the last quarter. Sagespring Wealth Partners LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 15.2% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 7,176,954 shares of the company’s stock valued at $385,115,000 after buying an additional 948,594 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Fidelity Blue Chip Growth ETF by 56.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,132,219 shares of the company’s stock valued at $60,755,000 after buying an additional 408,222 shares in the last quarter. Finally, Goodwin Investment Advisory increased its holdings in Fidelity Blue Chip Growth ETF by 46.2% during the second quarter. Goodwin Investment Advisory now owns 938,001 shares of the company’s stock worth $45,249,000 after buying an additional 296,321 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG stock opened at $52.20 on Friday. The company has a fifty day moving average price of $54.65 and a two-hundred day moving average price of $53.54. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $56.50. The stock has a market cap of $4.74 billion, a P/E ratio of 29.62 and a beta of 1.32.

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.