Salus Financial Advisors LLC Acquires 22,022 Shares of Fidelity Blue Chip Growth ETF $FBCG

Salus Financial Advisors LLC increased its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 11.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 206,806 shares of the company’s stock after acquiring an additional 22,022 shares during the period. Fidelity Blue Chip Growth ETF comprises about 6.0% of Salus Financial Advisors LLC’s holdings, making the stock its 5th largest holding. Salus Financial Advisors LLC owned approximately 0.23% of Fidelity Blue Chip Growth ETF worth $10,365,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC grew its stake in Fidelity Blue Chip Growth ETF by 3.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 164,739 shares of the company’s stock valued at $8,257,000 after acquiring an additional 4,737 shares in the last quarter. Sugar Maple Asset Management LLC lifted its position in shares of Fidelity Blue Chip Growth ETF by 13.6% in the first quarter. Sugar Maple Asset Management LLC now owns 18,320 shares of the company’s stock worth $918,000 after purchasing an additional 2,194 shares in the last quarter. Wealth Effects LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 25.9% during the first quarter. Wealth Effects LLC now owns 21,643 shares of the company’s stock worth $1,085,000 after purchasing an additional 4,447 shares during the period. First United Bank & Trust boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 217.0% during the first quarter. First United Bank & Trust now owns 11,176 shares of the company’s stock worth $560,000 after purchasing an additional 7,650 shares during the period. Finally, KFA Private Wealth Group LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 7.5% during the first quarter. KFA Private Wealth Group LLC now owns 1,050,372 shares of the company’s stock worth $52,645,000 after purchasing an additional 73,146 shares during the period.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $62.11 on Wednesday. The company has a market capitalization of $5.64 billion, a PE ratio of 29.62 and a beta of 1.32. The company’s 50 day moving average price is $60.80 and its 200 day moving average price is $56.10. Fidelity Blue Chip Growth ETF has a 52 week low of $47.49 and a 52 week high of $64.32.

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.