Fidelity Blue Chip Growth ETF (BATS:FBCG) Shares Sold by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC lessened its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 99,531 shares of the company’s stock after selling 1,557 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $4,604,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FBCG. Pathway Financial Advisers LLC raised its holdings in Fidelity Blue Chip Growth ETF by 530.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 939 shares of the company’s stock valued at $40,000 after acquiring an additional 790 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the third quarter worth about $70,000. Inspirion Wealth Advisors LLC purchased a new position in Fidelity Blue Chip Growth ETF in the 4th quarter worth approximately $216,000. Arkadios Wealth Advisors acquired a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter valued at $216,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the fourth quarter valued at about $301,000.

Fidelity Blue Chip Growth ETF Stock Up 5.6 %

FBCG stock opened at $48.41 on Friday. The stock has a market cap of $1.83 billion, a P/E ratio of 35.50 and a beta of 1.47. The business’s 50-day simple moving average is $47.00 and its 200 day simple moving average is $43.87.

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.