Salus Financial Advisors LLC Has $10.46 Million Position in Fidelity Blue Chip Growth ETF $FBCG

Salus Financial Advisors LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 23.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 216,821 shares of the company’s stock after purchasing an additional 41,576 shares during the quarter. Fidelity Blue Chip Growth ETF comprises approximately 7.0% of Salus Financial Advisors LLC’s holdings, making the stock its 5th biggest position. Salus Financial Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $10,459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sachetta LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 1.0% during the 1st quarter. Sachetta LLC now owns 26,961 shares of the company’s stock worth $1,078,000 after buying an additional 255 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 4.2% in the first quarter. Larson Financial Group LLC now owns 7,365 shares of the company’s stock worth $294,000 after acquiring an additional 300 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Fidelity Blue Chip Growth ETF by 6.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 7,504 shares of the company’s stock worth $362,000 after purchasing an additional 450 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Fidelity Blue Chip Growth ETF by 10.7% in the first quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock worth $200,000 after purchasing an additional 484 shares during the last quarter. Finally, 17 Capital Partners LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 4.8% during the first quarter. 17 Capital Partners LLC now owns 11,546 shares of the company’s stock valued at $461,000 after acquiring an additional 526 shares during the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 15.8%

Shares of FBCG opened at $53.11 on Monday. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The stock has a 50 day moving average of $52.43 and a 200 day moving average of $47.30. Fidelity Blue Chip Growth ETF has a 12 month low of $33.57 and a 12 month high of $50.14.

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.