Fidelity Blue Chip Growth ETF (BATS:FBCG) is Goodwin Investment Advisory’s Largest Position

Goodwin Investment Advisory reduced its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,782,878 shares of the company’s stock after selling 36,437 shares during the quarter. Fidelity Blue Chip Growth ETF comprises about 30.9% of Goodwin Investment Advisory’s investment portfolio, making the stock its biggest position. Goodwin Investment Advisory owned 0.12% of Fidelity Blue Chip Growth ETF worth $59,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. lifted its stake in Fidelity Blue Chip Growth ETF by 2.2% in the third quarter. J.W. Cole Advisors Inc. now owns 20,919 shares of the company’s stock worth $606,000 after purchasing an additional 450 shares during the last quarter. Zacks Investment Management boosted its holdings in Fidelity Blue Chip Growth ETF by 7.3% during the 2nd quarter. Zacks Investment Management now owns 8,806 shares of the company’s stock valued at $262,000 after acquiring an additional 600 shares during the period. Allworth Financial LP purchased a new position in Fidelity Blue Chip Growth ETF during the 4th quarter valued at $27,000. Harbor Investment Advisory LLC grew its position in Fidelity Blue Chip Growth ETF by 20.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 6,150 shares of the company’s stock valued at $205,000 after acquiring an additional 1,050 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in Fidelity Blue Chip Growth ETF by 4.8% in the second quarter. MML Investors Services LLC now owns 24,274 shares of the company’s stock worth $722,000 after purchasing an additional 1,103 shares during the period.

Fidelity Blue Chip Growth ETF Trading Down 1.0 %

Shares of FBCG traded down $0.38 during trading hours on Wednesday, reaching $36.98. 311,638 shares of the company traded hands. The stock has a 50-day moving average of $37.61 and a two-hundred day moving average of $33.82. The stock has a market capitalization of $541.76 million, a price-to-earnings ratio of 22.29 and a beta of 1.31.

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.