Cyndeo Wealth Partners LLC Purchases New Stake in Fidelity Blue Chip Growth ETF $FBCG

Cyndeo Wealth Partners LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 114,591 shares of the company’s stock, valued at approximately $7,243,000. Cyndeo Wealth Partners LLC owned approximately 0.13% of Fidelity Blue Chip Growth ETF as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in Fidelity Blue Chip Growth ETF by 7.0% during the second quarter. Envestnet Asset Management Inc. now owns 2,859,109 shares of the company’s stock valued at $177,579,000 after purchasing an additional 187,169 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Fidelity Blue Chip Growth ETF by 26.4% during the first quarter. Cetera Investment Advisers now owns 1,431,942 shares of the company’s stock valued at $71,769,000 after buying an additional 298,784 shares during the last quarter. KFA Private Wealth Group LLC bought a new stake in shares of Fidelity Blue Chip Growth ETF in the 3rd quarter valued at about $67,022,000. RFG Advisory LLC grew its position in shares of Fidelity Blue Chip Growth ETF by 24.3% in the 1st quarter. RFG Advisory LLC now owns 663,672 shares of the company’s stock worth $33,263,000 after buying an additional 129,601 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of Fidelity Blue Chip Growth ETF by 16.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 650,024 shares of the company’s stock worth $32,579,000 after acquiring an additional 89,959 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Down 2.5%

BATS:FBCG opened at $60.35 on Friday. Fidelity Blue Chip Growth ETF has a 52 week low of $47.60 and a 52 week high of $65.17. The firm has a 50 day moving average of $62.46 and a 200 day moving average of $60.58. The stock has a market capitalization of $5.48 billion, a price-to-earnings 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.