Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Wealth Enhancement Advisory Services LLC raised its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 18.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 118,489 shares of the company’s stock after buying an additional 18,371 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.31% of Fidelity Blue Chip Growth ETF worth $5,068,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. IAG Wealth Partners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at approximately $28,000. Larson Financial Group LLC purchased a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at $30,000. Pathway Financial Advisers LLC increased its position in Fidelity Blue Chip Growth ETF by 530.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock valued at $40,000 after purchasing an additional 790 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth about $70,000. Finally, Mark Sheptoff Financial Planning LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 33.0% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,786 shares of the company’s stock valued at $69,000 after purchasing an additional 443 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Down 3.1 %

FBCG stock opened at $42.95 on Friday. The business has a 50-day moving average of $42.33 and a 200-day moving average of $41.10. The company has a market capitalization of $1.63 billion, a P/E ratio of 35.50 and a beta of 1.47.

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.