San Luis Wealth Advisors LLC Raises Stock Position in Fidelity Blue Chip Growth ETF $FBCG

San Luis Wealth Advisors LLC grew its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 18.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,878 shares of the company’s stock after buying an additional 1,680 shares during the period. San Luis Wealth Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $525,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 1st quarter worth $64,000. Dagco Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth about $75,000. Silver Oak Securities Incorporated boosted its stake in shares of 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 worth $200,000 after purchasing an additional 484 shares during the period. Cerity Partners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth about $206,000. Finally, Inspirion Wealth Advisors LLC boosted its position in Fidelity Blue Chip Growth ETF by 16.6% in the 1st quarter. Inspirion Wealth Advisors LLC now owns 5,343 shares of the company’s stock valued at $214,000 after buying an additional 760 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG opened at $53.19 on Friday. Fidelity Blue Chip Growth ETF has a one year low of $33.57 and a one year high of $50.14. The firm has a market cap of $4.83 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm has a 50-day simple moving average of $51.41 and a 200-day simple moving average of $46.00.

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.