Vestor Capital LLC Sells 3,478 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Vestor Capital LLC lowered its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 47.0% during the 4th quarter, HoldingsChannel reports. The firm owned 3,922 shares of the company’s stock after selling 3,478 shares during the period. Vestor Capital LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $131,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FBCG. Tandem Capital Management Corp ADV raised its stake in Fidelity Blue Chip Growth ETF by 48.9% in the third quarter. Tandem Capital Management Corp ADV now owns 10,760 shares of the company’s stock valued at $312,000 after purchasing an additional 3,535 shares in the last quarter. Centurion Wealth Management LLC lifted its holdings in shares of Fidelity Blue Chip Growth ETF by 49.5% during the 3rd quarter. Centurion Wealth Management LLC now owns 23,212 shares of the company’s stock worth $672,000 after acquiring an additional 7,685 shares during the last quarter. Orion Portfolio Solutions LLC purchased a new position in Fidelity Blue Chip Growth ETF in the third quarter worth $383,000. Private Advisor Group LLC grew its position in Fidelity Blue Chip Growth ETF by 168.7% in the third quarter. Private Advisor Group LLC now owns 27,325 shares of the company’s stock worth $791,000 after acquiring an additional 17,155 shares in the last quarter. Finally, Lincoln National Corp increased its stake in Fidelity Blue Chip Growth ETF by 14.0% in the third quarter. Lincoln National Corp now owns 27,212 shares of the company’s stock valued at $788,000 after acquiring an additional 3,352 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

FBCG stock traded up $0.11 during mid-day trading on Thursday, hitting $38.85. 278,519 shares of the stock were exchanged. The firm’s 50 day simple moving average is $37.88 and its two-hundred day simple moving average is $34.69. The company has a market cap of $1.47 billion, a PE ratio of 35.50 and a beta of 1.47.

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.