SFG Wealth Management LLC. Buys Shares of 11,647 Fidelity Blue Chip Growth ETF $FBCG

SFG Wealth Management LLC. acquired a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,647 shares of the company’s stock, valued at approximately $723,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Unique Wealth LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 0.4% during the 2nd quarter. Unique Wealth LLC now owns 399,413 shares of the company’s stock valued at $24,808,000 after acquiring an additional 1,557 shares in the last quarter. Succession Financial Inc. bought a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at about $210,000. Old Mission Investment Co LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at about $352,000. Montgomery Financial Services LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth about $38,000. Finally, Elevation Wealth Management LLC increased its stake in shares of Fidelity Blue Chip Growth ETF by 10.9% in the second quarter. Elevation Wealth Management LLC now owns 13,010 shares of the company’s stock valued at $808,000 after buying an additional 1,275 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $62.36 on Friday. Fidelity Blue Chip Growth ETF has a one year low of $47.60 and a one year high of $64.32. The company has a market cap of $5.66 billion, a PE ratio of 29.62 and a beta of 1.32. The firm’s 50 day simple moving average is $61.33 and its 200 day simple moving average is $58.34.

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.