Gaddis Premier Wealth Advisors LLC Invests $1.27 Million in Fidelity Blue Chip Growth ETF $FBCG

Gaddis Premier Wealth Advisors LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 23,087 shares of the company’s stock, valued at approximately $1,266,000. Fidelity Blue Chip Growth ETF accounts for 1.0% of Gaddis Premier Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds have also modified their holdings of FBCG. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Fidelity Blue Chip Growth ETF by 249.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock worth $127,531,000 after purchasing an additional 1,660,026 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of Fidelity Blue Chip Growth ETF by 405.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock worth $79,975,000 after purchasing an additional 1,169,960 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Blue Chip Growth ETF by 4.9% during the 4th quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after purchasing an additional 452,011 shares during the period. OneDigital Investment Advisors LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF by 133.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 766,290 shares of the company’s stock worth $41,119,000 after purchasing an additional 437,984 shares during the period. Finally, Dynasty Wealth Management LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 6.1% during the 4th quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock valued at $408,131,000 after acquiring an additional 431,140 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

Shares of Fidelity Blue Chip Growth ETF stock opened at $61.20 on Tuesday. The business has a 50-day moving average of $58.10 and a 200 day moving average of $55.32. Fidelity Blue Chip Growth ETF has a 12 month low of $45.20 and a 12 month high of $64.32. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

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.