Goodwin Investment Advisory Cuts Stake in Fidelity Blue Chip Growth ETF (BATS:FBCG)

Goodwin Investment Advisory cut its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,782,878 shares of the company’s stock after selling 36,437 shares during the period. Fidelity Blue Chip Growth ETF accounts for approximately 30.9% of Goodwin Investment Advisory’s investment portfolio, making the stock its biggest holding. Goodwin Investment Advisory owned about 12.17% of Fidelity Blue Chip Growth ETF worth $59,388,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Fidelity Blue Chip Growth ETF by 69.4% during the first quarter. Envestnet Asset Management Inc. now owns 10,031 shares of the company’s stock worth $303,000 after buying an additional 4,111 shares during the last quarter. Cetera Investment Advisers increased its holdings in Fidelity Blue Chip Growth ETF by 21.3% during the 1st quarter. Cetera Investment Advisers now owns 65,269 shares of the company’s stock worth $1,974,000 after purchasing an additional 11,462 shares in the last quarter. Mariner LLC bought a new position in shares of Fidelity Blue Chip Growth ETF in the first quarter valued at approximately $416,000. Jane Street Group LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the first quarter valued at approximately $770,000. Finally, Citadel Advisors LLC bought a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth $254,000.

Fidelity Blue Chip Growth ETF Stock Performance

BATS:FBCG traded down $0.38 during trading hours on Wednesday, hitting $36.98. 311,638 shares of the company traded hands. The firm has a market cap of $541.76 million, a P/E ratio of 22.29 and a beta of 1.31. The business’s 50 day simple moving average is $37.61 and its 200-day simple moving average is $33.82.

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.