Fidelity Blue Chip Growth ETF $FBCG Shares Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 0.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,228,360 shares of the company’s stock after acquiring an additional 34,333 shares during the quarter. Fidelity Blue Chip Growth ETF makes up approximately 2.7% of Sagespring Wealth Partners LLC’s portfolio, making the stock its 6th largest position. Sagespring Wealth Partners LLC owned 0.07% of Fidelity Blue Chip Growth ETF worth $300,456,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FBCG. Northwest Capital Management Inc bought a new position in Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $52,000. Russell Investments Group Ltd. acquired a new stake in shares of Fidelity Blue Chip Growth ETF in the first quarter worth $64,000. Dagco Inc. bought a new position in Fidelity Blue Chip Growth ETF during the first quarter worth $75,000. Ameritas Advisory Services LLC bought a new position in Fidelity Blue Chip Growth ETF during the second quarter worth $214,000. Finally, Silver Oak Securities Incorporated raised its stake in Fidelity Blue Chip Growth ETF by 10.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after purchasing an additional 484 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG opened at $53.44 on Tuesday. The firm’s 50-day moving average is $52.24 and its 200-day moving average is $46.96. Fidelity Blue Chip Growth ETF has a 52-week low of $33.57 and a 52-week high of $50.14. The company has a market cap of $4.85 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.