Centerline Wealth Advisors LLC Acquires Shares of 396,087 Fidelity Blue Chip Growth ETF (BATS:FBCG)

Centerline Wealth Advisors LLC acquired a new stake in Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 396,087 shares of the company’s stock, valued at approximately $18,331,000. Fidelity Blue Chip Growth ETF makes up 10.7% of Centerline Wealth Advisors LLC’s portfolio, making the stock its biggest position.

Other institutional investors also recently bought and sold shares of the company. Atomi Financial Group Inc. lifted its holdings 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 valued at $528,000 after acquiring an additional 641 shares during the period. CWM LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 311.0% during the third quarter. CWM LLC now owns 418,554 shares of the company’s stock worth $17,902,000 after purchasing an additional 316,727 shares during the last quarter. Quotient Wealth Partners LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 29.2% during the 3rd quarter. Quotient Wealth Partners LLC now owns 19,878 shares of the company’s stock worth $850,000 after buying an additional 4,495 shares during the last quarter. CRA Financial Services LLC increased its holdings in shares of 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 buying an additional 4,367 shares during the last quarter. Finally, Sowa Financial Group Inc. increased its holdings in shares of Fidelity Blue Chip Growth ETF by 23.7% during the 3rd quarter. Sowa Financial Group Inc. now owns 346,087 shares of the company’s stock worth $14,802,000 after buying an additional 66,365 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

BATS:FBCG opened at $48.07 on Friday. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 35.50 and a beta of 1.47. The company’s fifty day simple moving average is $47.37 and its two-hundred day simple moving average is $44.14.

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.