Fidelity Blue Chip Growth ETF $FBCG is Centerline Wealth Advisors LLC’s 2nd Largest Position

Centerline Wealth Advisors LLC lowered its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 10.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 411,352 shares of the company’s stock after selling 48,339 shares during the quarter. Fidelity Blue Chip Growth ETF comprises about 9.6% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. Centerline Wealth Advisors LLC owned about 0.45% of Fidelity Blue Chip Growth ETF worth $22,073,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FBCG. Creative Financial Designs Inc. ADV increased its holdings in Fidelity Blue Chip Growth ETF by 221.7% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock worth $36,000 after acquiring an additional 521 shares in the last quarter. Northwest Capital Management Inc purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 2nd quarter valued at approximately $52,000. Russell Investments Group Ltd. purchased a new position in Fidelity Blue Chip Growth ETF in the first quarter worth approximately $64,000. Harbor Asset Planning Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth $132,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the second quarter valued at about $202,000.

Fidelity Blue Chip Growth ETF Price Performance

Shares of Fidelity Blue Chip Growth ETF stock opened at $55.56 on Thursday. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The business has a 50-day moving average of $54.32 and a 200 day moving average of $51.79. Fidelity Blue Chip Growth ETF has a 12 month low of $33.57 and a 12 month high of $50.14.

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.