Canvas Wealth Advisors LLC Purchases 497 Shares of Fidelity Blue Chip Growth ETF $FBCG

Canvas Wealth Advisors LLC lifted its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,426 shares of the company’s stock after buying an additional 497 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $524,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FBCG. Northwest Capital Management Inc bought a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth $52,000. Russell Investments Group Ltd. bought a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth $64,000. Dagco Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF during the 1st quarter worth $75,000. Harbor Asset Planning Inc. bought a new position in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth $132,000. Finally, Silver Oak Securities Incorporated grew its position in shares of Fidelity Blue Chip Growth ETF by 10.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 4,987 shares of the company’s stock worth $200,000 after buying an additional 484 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 15.8%

FBCG opened at $53.11 on Monday. Fidelity Blue Chip Growth ETF has a 12-month low of $33.57 and a 12-month high of $50.14. The business’s fifty day simple moving average is $52.43 and its 200-day simple moving average is $47.30. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF Company 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.