Sax Wealth Advisors LLC Purchases 23,524 Shares of Fidelity Blue Chip Growth ETF $FBCG

Sax Wealth Advisors LLC raised its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 28.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,797 shares of the company’s stock after acquiring an additional 23,524 shares during the quarter. Sax Wealth Advisors LLC owned about 0.12% of Fidelity Blue Chip Growth ETF worth $5,152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of Fidelity Blue Chip Growth ETF by 16.2% during the 1st quarter. JPMorgan Chase & Co. now owns 9,685,217 shares of the company’s stock worth $387,118,000 after buying an additional 1,350,071 shares during the period. Dynasty Wealth Management LLC grew its holdings in Fidelity Blue Chip Growth ETF by 19.7% during the first quarter. Dynasty Wealth Management LLC now owns 6,679,781 shares of the company’s stock valued at $266,991,000 after purchasing an additional 1,099,765 shares during the period. Sagespring Wealth Partners LLC grew its holdings in Fidelity Blue Chip Growth ETF by 16.8% during the first quarter. Sagespring Wealth Partners LLC now owns 6,194,027 shares of the company’s stock valued at $247,575,000 after purchasing an additional 889,959 shares during the period. Commonwealth Equity Services LLC grew its holdings in Fidelity Blue Chip Growth ETF by 19.2% during the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock valued at $106,415,000 after purchasing an additional 429,278 shares during the period. Finally, CWM LLC grew its holdings in Fidelity Blue Chip Growth ETF by 34.0% during the first quarter. CWM LLC now owns 715,256 shares of the company’s stock valued at $28,589,000 after purchasing an additional 181,472 shares during the period.

Fidelity Blue Chip Growth ETF Stock Up 16.8%

Fidelity Blue Chip Growth ETF stock opened at $53.57 on Wednesday. The stock has a market capitalization of $4.86 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a twelve month low of $33.57 and a twelve month high of $50.14. The company has a 50 day moving average of $51.95 and a 200-day moving average of $46.65.

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.