WCG Wealth Advisors LLC Raises Stock Position in Fidelity Blue Chip Growth ETF (BATS:FBCG)

WCG Wealth Advisors LLC increased its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 3.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,556 shares of the company’s stock after acquiring an additional 1,606 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $1,891,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. grew its stake in shares of Fidelity Blue Chip Growth ETF by 1.6% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 46,910 shares of the company’s stock worth $1,563,000 after acquiring an additional 750 shares during the last quarter. Per Stirling Capital Management LLC. increased its stake in Fidelity Blue Chip Growth ETF by 24.1% during the 4th quarter. Per Stirling Capital Management LLC. now owns 77,070 shares of the company’s stock valued at $2,567,000 after purchasing an additional 14,948 shares in the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of Fidelity Blue Chip Growth ETF by 43.3% in the first quarter. J.W. Cole Advisors Inc. now owns 40,624 shares of the company’s stock worth $1,563,000 after buying an additional 12,278 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter worth $249,000. Finally, Larson Financial Group LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at $30,000.

Fidelity Blue Chip Growth ETF Trading Up 2.5 %

Shares of FBCG opened at $42.42 on Friday. The stock’s 50 day moving average price is $40.87 and its 200-day moving average price is $40.05. The firm has a market cap of $1.61 billion, a PE ratio of 35.50 and a beta of 1.47.

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.