Centerline Wealth Advisors LLC Buys 122,527 Shares of Fidelity Blue Chip Growth ETF $FBCG

Centerline Wealth Advisors LLC lifted its stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 29.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 533,879 shares of the company’s stock after purchasing an additional 122,527 shares during the period. Fidelity Blue Chip Growth ETF comprises about 10.6% of Centerline Wealth Advisors LLC’s holdings, making the stock its largest holding. Centerline Wealth Advisors LLC owned about 0.59% of Fidelity Blue Chip Growth ETF worth $29,278,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Traveka Wealth LLC increased its holdings in Fidelity Blue Chip Growth ETF by 76.7% during the 4th quarter. Traveka Wealth LLC now owns 32,001 shares of the company’s stock worth $1,755,000 after purchasing an additional 13,894 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Fidelity Blue Chip Growth ETF by 7.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 75,257 shares of the company’s stock valued at $4,184,000 after purchasing an additional 5,484 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 0.8% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 121,623 shares of the company’s stock valued at $6,670,000 after buying an additional 987 shares during the period. KFA Private Wealth Group LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 9.4% in the 4th quarter. KFA Private Wealth Group LLC now owns 977,226 shares of the company’s stock valued at $53,591,000 after buying an additional 83,727 shares during the period. Finally, Unique Wealth LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Unique Wealth LLC now owns 447,309 shares of the company’s stock worth $24,530,000 after buying an additional 23,234 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock opened at $50.11 on Monday. The company’s 50 day moving average price is $53.43 and its 200 day moving average price is $53.85. Fidelity Blue Chip Growth ETF has a fifty-two week low of $33.57 and a fifty-two week high of $56.50. The firm has a market capitalization of $4.55 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.