Onyx Bridge Wealth Group LLC Reduces Stock Position in Fidelity Blue Chip Growth ETF $FBCG

Onyx Bridge Wealth Group LLC trimmed its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 61.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,683 shares of the company’s stock after selling 10,455 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $335,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Align Financial LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF during the 4th quarter valued at approximately $845,406,000. Northwestern Mutual Wealth Management Co. raised its holdings in Fidelity Blue Chip Growth ETF by 249.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,325,514 shares of the company’s stock valued at $127,531,000 after acquiring an additional 1,660,026 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in Fidelity Blue Chip Growth ETF by 405.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,458,331 shares of the company’s stock valued at $79,975,000 after acquiring an additional 1,169,960 shares during the last quarter. FIL Ltd acquired a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth $57,382,000. Finally, Storgate LLC acquired a new position in Fidelity Blue Chip Growth ETF during the 4th quarter worth $31,827,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG opened at $59.77 on Monday. The company has a 50-day moving average of $60.62 and a 200-day moving average of $56.01. The company has a market capitalization of $5.42 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 1-year low of $47.49 and a 1-year high of $64.32.

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.