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

WCG Wealth Advisors LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,556 shares of the company’s stock after acquiring an additional 1,606 shares during the period. WCG Wealth Advisors LLC owned 0.12% of Fidelity Blue Chip Growth ETF worth $1,891,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. IAG Wealth Partners LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at $28,000. Larson Financial Group LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at about $30,000. Mark Sheptoff Financial Planning LLC increased its stake in Fidelity Blue Chip Growth ETF by 33.0% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 1,786 shares of the company’s stock valued at $69,000 after purchasing an additional 443 shares in the last quarter. Principal Securities Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the fourth quarter worth about $78,000. Finally, Sequent Asset Management LLC purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter worth about $144,000.

Fidelity Blue Chip Growth ETF Trading Up 2.5 %

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

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.