Centerline Wealth Advisors LLC Decreases Stock Holdings in Fidelity Blue Chip Growth ETF $FBCG

Centerline Wealth Advisors LLC trimmed its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 6.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 411,896 shares of the company’s stock after selling 29,556 shares during the quarter. Fidelity Blue Chip Growth ETF comprises about 8.0% of Centerline Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Centerline Wealth Advisors LLC owned 0.45% of Fidelity Blue Chip Growth ETF worth $25,583,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Koshinski Asset Management Inc. increased its stake in Fidelity Blue Chip Growth ETF by 2.3% in the first quarter. Koshinski Asset Management Inc. now owns 9,146 shares of the company’s stock valued at $458,000 after acquiring an additional 209 shares during the last quarter. Fort Sheridan Advisors LLC lifted its stake in Fidelity Blue Chip Growth ETF by 5.5% during the fourth quarter. Fort Sheridan Advisors LLC now owns 5,144 shares of the company’s stock worth $282,000 after purchasing an additional 269 shares during the last quarter. Fiscal Wisdom Wealth Management LLC boosted its holdings in shares of Fidelity Blue Chip Growth ETF by 6.7% in the 1st quarter. Fiscal Wisdom Wealth Management LLC now owns 5,849 shares of the company’s stock worth $293,000 after purchasing an additional 369 shares in the last quarter. Clear Investment Research LLC boosted its holdings 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 worth $1,394,000 after purchasing an additional 429 shares in the last quarter. Finally, Broadleaf Partners LLC increased its position in shares of Fidelity Blue Chip Growth ETF by 0.4% during the 4th quarter. Broadleaf Partners LLC now owns 121,791 shares of the company’s stock valued at $6,679,000 after purchasing an additional 476 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG opened at $62.16 on Wednesday. Fidelity Blue Chip Growth ETF has a 1 year low of $47.60 and a 1 year high of $64.32. The stock has a 50 day simple moving average of $61.35 and a two-hundred day simple moving average of $58.52. The firm has a market cap of $5.64 billion, a P/E ratio of 29.62 and a beta of 1.32.

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.