Vestor Capital LLC Purchases 361,771 Shares of Fidelity Blue Chip Growth ETF $FBCG

Vestor Capital LLC lifted its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 15,580.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 364,093 shares of the company’s stock after acquiring an additional 361,771 shares during the period. Fidelity Blue Chip Growth ETF makes up approximately 0.6% of Vestor Capital LLC’s holdings, making the stock its 26th biggest holding. Vestor Capital LLC owned 0.40% of Fidelity Blue Chip Growth ETF worth $23,014,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Crosspoint Financial LLC bought a new position in shares of Fidelity Blue Chip Growth ETF during the 3rd quarter worth approximately $3,804,000. M Holdings Securities Inc. acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter valued at $5,505,000. Brighton Jones LLC acquired a new stake in Fidelity Blue Chip Growth ETF during the 3rd quarter valued at $636,000. Flagship Wealth Advisors LLC bought a new position in Fidelity Blue Chip Growth ETF during the third quarter worth $26,000. Finally, Canvas Wealth Advisors LLC boosted its position in Fidelity Blue Chip Growth ETF by 8.3% during the third quarter. Canvas Wealth Advisors LLC now owns 16,889 shares of the company’s stock worth $1,020,000 after purchasing an additional 1,291 shares during the period.

Fidelity Blue Chip Growth ETF Trading Up 2.9%

FBCG opened at $57.61 on Tuesday. The company has a market cap of $7.25 billion, a P/E ratio of 22.96 and a beta of 1.38. The company’s 50 day moving average is $61.54 and its 200-day moving average is $58.71. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 and a 1-year high of $65.17.

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.