Vestor Capital LLC Reduces Holdings in Fidelity Blue Chip Growth ETF $FBCG

Vestor Capital LLC reduced its stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 90.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 3,681 shares of the company’s stock after selling 34,707 shares during the quarter. Vestor Capital LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $185,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at $35,000. Arax Advisory Partners purchased a new position in shares of Fidelity Blue Chip Growth ETF during the fourth quarter worth about $35,000. Meramec Financial Planners LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the first quarter worth about $51,000. Royal Bank of Canada increased 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 purchasing an additional 567 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in shares of Fidelity Blue Chip Growth ETF in the 4th quarter valued at about $62,000.

Fidelity Blue Chip Growth ETF Stock Performance

Fidelity Blue Chip Growth ETF stock opened at $59.78 on Friday. The company has a market capitalization of $5.43 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a fifty-two week low of $47.60 and a fifty-two week high of $64.32. The stock has a 50-day simple moving average of $61.21 and a 200-day simple moving average of $57.00.

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.