Salus Financial Advisors LLC Sells 21,392 Shares of Fidelity Blue Chip Growth ETF $FBCG

Salus Financial Advisors LLC lowered its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 9.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 195,429 shares of the company’s stock after selling 21,392 shares during the period. Fidelity Blue Chip Growth ETF makes up 6.5% of Salus Financial Advisors LLC’s portfolio, making the stock its 5th largest holding. Salus Financial Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $10,487,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new stake in shares of Fidelity Blue Chip Growth ETF during the third quarter worth approximately $26,000. Cornerstone Planning Group LLC bought a new stake in Fidelity Blue Chip Growth ETF in the 3rd quarter valued at $27,000. Creative Financial Designs Inc. ADV grew its holdings in Fidelity Blue Chip Growth ETF by 221.7% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock valued at $36,000 after buying an additional 521 shares in the last quarter. First United Bank & Trust grew its holdings in Fidelity Blue Chip Growth ETF by 838.0% in the 3rd quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock valued at $126,000 after buying an additional 2,095 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter worth $202,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $52.20 on Friday. The stock has a fifty day moving average of $54.65 and a 200-day moving average of $53.54. The company has a market capitalization of $4.74 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a fifty-two week low of $33.57 and a fifty-two week high of $56.50.

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.