Gaddis Premier Wealth Advisors LLC Makes New Investment in Fidelity Blue Chip Growth ETF $FBCG

Gaddis Premier Wealth Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 23,087 shares of the company’s stock, valued at approximately $1,266,000. Fidelity Blue Chip Growth ETF comprises approximately 1.0% of Gaddis Premier Wealth Advisors LLC’s portfolio, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of FBCG. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Blue Chip Growth ETF by 249.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock worth $127,531,000 after acquiring an additional 1,660,026 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Fidelity Blue Chip Growth ETF by 405.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock worth $79,975,000 after acquiring an additional 1,169,960 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Blue Chip Growth ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after purchasing an additional 452,011 shares during the period. OneDigital Investment Advisors LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 133.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 766,290 shares of the company’s stock worth $41,119,000 after purchasing an additional 437,984 shares during the period. Finally, Dynasty Wealth Management LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 6.1% during the 4th quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock worth $408,131,000 after purchasing an additional 431,140 shares during the period.

Fidelity Blue Chip Growth ETF Trading Up 0.7%

BATS FBCG opened at $61.20 on Tuesday. The stock has a market cap of $5.55 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a twelve month low of $45.20 and a twelve month high of $64.32. The stock has a fifty day simple moving average of $58.10 and a 200-day simple moving average of $55.32.

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.