Fidelity Blue Chip Growth ETF (BATS:FBCG) Shares Sold by Goodwin Investment Advisory

Goodwin Investment Advisory decreased its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 5.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,681,966 shares of the company’s stock after selling 89,227 shares during the quarter. Fidelity Blue Chip Growth ETF comprises 40.7% of Goodwin Investment Advisory’s holdings, making the stock its biggest position. Goodwin Investment Advisory owned approximately 4.44% of Fidelity Blue Chip Growth ETF worth $77,729,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Dynasty Wealth Management LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF in the fourth quarter valued at about $258,132,000. Fort Sheridan Advisors LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $237,000. Proficio Capital Partners LLC increased its holdings in Fidelity Blue Chip Growth ETF by 4,703.7% in the 4th quarter. Proficio Capital Partners LLC now owns 316,515 shares of the company’s stock worth $14,642,000 after buying an additional 309,926 shares during the period. Bank of New York Mellon Corp purchased a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth approximately $246,000. Finally, Sigma Planning Corp lifted its stake in Fidelity Blue Chip Growth ETF by 2.2% during the 4th quarter. Sigma Planning Corp now owns 95,549 shares of the company’s stock valued at $4,420,000 after acquiring an additional 2,061 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $45.02 on Friday. The business has a fifty day simple moving average of $47.23 and a two-hundred day simple moving average of $44.95. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47.

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.