SMART Wealth LLC Acquires Shares of 79,452 Fidelity Blue Chip Growth ETF $FBCG

SMART Wealth LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 79,452 shares of the company’s stock, valued at approximately $4,935,000. Fidelity Blue Chip Growth ETF comprises about 1.1% of SMART Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. SMART Wealth LLC owned approximately 0.09% of Fidelity Blue Chip Growth ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Investors Research Corp bought a new position in Fidelity Blue Chip Growth ETF during the second quarter valued at about $38,000. Canvas Wealth Advisors LLC raised its position in Fidelity Blue Chip Growth ETF by 3.7% in the second quarter. Canvas Wealth Advisors LLC now owns 15,598 shares of the company’s stock worth $969,000 after acquiring an additional 554 shares during the period. Redhawk Wealth Advisors Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at about $12,525,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Fidelity Blue Chip Growth ETF in the second quarter valued at about $246,000. Finally, Wealthcare Capital Partners LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 7.0% during the 2nd quarter. Wealthcare Capital Partners LLC now owns 8,022 shares of the company’s stock valued at $498,000 after acquiring an additional 528 shares during the period.

Fidelity Blue Chip Growth ETF Stock Up 1.3%

Fidelity Blue Chip Growth ETF stock opened at $62.12 on Friday. The firm has a 50 day moving average price of $61.28 and a 200-day moving average price of $58.32. Fidelity Blue Chip Growth ETF has a twelve month low of $47.60 and a twelve month high of $64.32. The company has a market capitalization of $5.64 billion, a P/E 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.