Fidelity Blue Chip Growth ETF $FBCG Shares Sold by Vestor Capital LLC

Vestor Capital LLC cut its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 90.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,681 shares of the company’s stock after selling 34,707 shares during the period. Vestor Capital LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $185,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. NBC Securities Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the 4th quarter worth about $35,000. Arax Advisory Partners purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at about $35,000. Meramec Financial Planners LLC purchased a new position in shares of Fidelity Blue Chip Growth ETF in the 1st quarter valued at about $51,000. Royal Bank of Canada grew its position in shares of Fidelity Blue Chip Growth ETF by 104.0% during the fourth quarter. Royal Bank of Canada now owns 1,112 shares of the company’s stock worth $61,000 after buying an additional 567 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth about $62,000.

Fidelity Blue Chip Growth ETF Stock Performance

FBCG stock opened at $59.78 on Friday. The company’s 50 day moving average price is $61.21 and its 200 day moving average price is $57.00. Fidelity Blue Chip Growth ETF has a fifty-two week low of $47.60 and a fifty-two week high of $64.32. The firm has a market capitalization of $5.43 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.