Fidelity Blue Chip Growth ETF $FBCG is Goodwin Investment Advisory’s Largest Position

Goodwin Investment Advisory cut its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 877,396 shares of the company’s stock after selling 84,384 shares during the quarter. Fidelity Blue Chip Growth ETF comprises approximately 52.8% of Goodwin Investment Advisory’s investment portfolio, making the stock its biggest position. Goodwin Investment Advisory’s holdings in Fidelity Blue Chip Growth ETF were worth $48,116,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Investment Advisory Group LLC boosted its position in Fidelity Blue Chip Growth ETF by 1.1% in the 3rd quarter. Investment Advisory Group LLC now owns 17,910 shares of the company’s stock valued at $961,000 after buying an additional 188 shares during the period. Base Wealth Management LLC boosted its position in Fidelity Blue Chip Growth ETF by 5.5% in the 4th quarter. Base Wealth Management LLC now owns 4,088 shares of the company’s stock valued at $224,000 after buying an additional 214 shares during the period. Avaii Wealth Management LLC boosted its position in Fidelity Blue Chip Growth ETF by 1.5% in the 4th quarter. Avaii Wealth Management LLC now owns 20,330 shares of the company’s stock valued at $1,115,000 after buying an additional 309 shares during the period. Clear Investment Research LLC boosted its stake in shares of Fidelity Blue Chip Growth ETF by 1.7% in the 4th quarter. Clear Investment Research LLC now owns 25,423 shares of the company’s stock valued at $1,394,000 after buying an additional 429 shares during the period. Finally, Hantz Financial Services Inc. purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at about $26,000.

Fidelity Blue Chip Growth ETF Stock Performance

Shares of FBCG opened at $62.08 on Wednesday. The stock has a 50-day simple moving average of $55.99 and a 200-day simple moving average of $54.76. The stock has a market capitalization of $5.63 billion, a PE ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1 year low of $43.91 and a 1 year high of $62.29.

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.