MWA Asset Management Sells 290 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

MWA Asset Management decreased its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,940 shares of the company’s stock after selling 290 shares during the quarter. MWA Asset Management’s holdings in Fidelity Blue Chip Growth ETF were worth $229,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Atomi Financial Group Inc. increased its stake in Fidelity Blue Chip Growth ETF by 5.5% in the third quarter. Atomi Financial Group Inc. now owns 12,353 shares of the company’s stock worth $528,000 after purchasing an additional 641 shares during the period. CWM LLC lifted its holdings in Fidelity Blue Chip Growth ETF by 311.0% during the 3rd quarter. CWM LLC now owns 418,554 shares of the company’s stock valued at $17,902,000 after buying an additional 316,727 shares in the last quarter. CRA Financial Services LLC increased its holdings in Fidelity Blue Chip Growth ETF by 21.2% during the 3rd quarter. CRA Financial Services LLC now owns 24,971 shares of the company’s stock worth $1,068,000 after purchasing an additional 4,367 shares during the period. Sowa Financial Group Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 23.7% in the third quarter. Sowa Financial Group Inc. now owns 346,087 shares of the company’s stock worth $14,802,000 after acquiring an additional 66,365 shares during the period. Finally, Armstrong Advisory Group Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter worth $70,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG stock opened at $47.40 on Friday. The business’s 50-day simple moving average is $47.37 and its two-hundred day simple moving average is $44.14. The firm has a market capitalization of $1.80 billion, a P/E ratio of 35.50 and a beta of 1.47.

Fidelity Blue Chip Growth ETF Company 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.