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

Centerline Wealth Advisors LLC reduced its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 411,352 shares of the company’s stock after selling 48,339 shares during the period. Fidelity Blue Chip Growth ETF makes up 9.6% of Centerline Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Centerline Wealth Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $22,073,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FBCG. Creative Financial Designs Inc. ADV lifted its position in Fidelity Blue Chip Growth ETF by 221.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock valued at $36,000 after purchasing an additional 521 shares during the period. Northwest Capital Management Inc purchased a new position in Fidelity Blue Chip Growth ETF during the 2nd quarter valued at about $52,000. Russell Investments Group Ltd. acquired a new stake in Fidelity Blue Chip Growth ETF during the 1st quarter valued at $64,000. Harbor Asset Planning Inc. purchased a new position in Fidelity Blue Chip Growth ETF in the 2nd quarter valued at about $132,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Fidelity Blue Chip Growth ETF in the 2nd quarter worth approximately $202,000.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG stock opened at $55.56 on Thursday. The firm has a market cap of $5.04 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm’s 50-day simple moving average is $54.32 and its 200-day simple moving average is $51.79. Fidelity Blue Chip Growth ETF has a 1-year low of $33.57 and a 1-year 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.