Schmidt P J Investment Management Inc. Increases Stake in Fidelity Blue Chip Growth ETF $FBCG

Schmidt P J Investment Management Inc. grew its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 219.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 17,744 shares of the company’s stock after buying an additional 12,192 shares during the quarter. Schmidt P J Investment Management Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $856,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sachetta LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 1.0% in the 1st quarter. Sachetta LLC now owns 26,961 shares of the company’s stock valued at $1,078,000 after buying an additional 255 shares during the period. Larson Financial Group LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 4.2% in the 1st quarter. Larson Financial Group LLC now owns 7,365 shares of the company’s stock valued at $294,000 after buying an additional 300 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 6.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 7,504 shares of the company’s stock valued at $362,000 after buying an additional 450 shares during the period. Silver Oak Securities Incorporated boosted its stake in shares of Fidelity Blue Chip Growth ETF by 10.7% in the 1st quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock valued at $200,000 after buying an additional 484 shares during the period. Finally, Canvas Wealth Advisors LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 5.0% in the 2nd quarter. Canvas Wealth Advisors LLC now owns 10,426 shares of the company’s stock valued at $524,000 after buying an additional 497 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $54.28 on Monday. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $50.14. The stock has a market capitalization of $4.93 billion, a PE ratio of 29.62 and a beta of 1.32. The stock has a 50-day simple moving average of $52.64 and a 200-day simple moving average of $48.03.

Fidelity Blue Chip Growth ETF 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.