Fidelity Blue Chip Growth ETF $FBCG Stock Position Increased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC increased its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 15.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,176,954 shares of the company’s stock after purchasing an additional 948,594 shares during the period. Fidelity Blue Chip Growth ETF makes up 3.2% of Sagespring Wealth Partners LLC’s investment portfolio, making the stock its 6th largest holding. Sagespring Wealth Partners LLC owned 7.91% of Fidelity Blue Chip Growth ETF worth $385,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Dynasty Wealth Management LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 27.3% in the third quarter. Dynasty Wealth Management LLC now owns 7,011,069 shares of the company’s stock worth $376,214,000 after purchasing an additional 1,503,658 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 8.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,892,574 shares of the company’s stock valued at $139,538,000 after buying an additional 230,211 shares during the period. Thrivent Financial for Lutherans purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter worth $76,807,000. Bank of America Corp DE grew its holdings in shares of Fidelity Blue Chip Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,523,298 shares of the company’s stock worth $73,484,000 after acquiring an additional 132,777 shares during the period. Finally, MML Investors Services LLC increased its position in Fidelity Blue Chip Growth ETF by 2.1% during the second quarter. MML Investors Services LLC now owns 1,158,247 shares of the company’s stock valued at $55,874,000 after acquiring an additional 23,767 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock opened at $54.78 on Friday. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The business’s 50-day moving average is $54.60 and its two-hundred day moving average is $53.06. Fidelity Blue Chip Growth ETF has a fifty-two week low of $33.57 and a fifty-two week high of $50.14.

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.