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

Childress Capital Advisors LLC lessened its position in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 44.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 39,905 shares of the company’s stock after selling 31,335 shares during the quarter. Childress Capital Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $2,000,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in FBCG. Align Financial LLC purchased a new stake in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $845,406,000. JPMorgan Chase & Co. grew its position in shares of Fidelity Blue Chip Growth ETF by 4.9% during the fourth quarter. JPMorgan Chase & Co. now owns 9,760,021 shares of the company’s stock worth $535,240,000 after acquiring an additional 452,011 shares during the last quarter. Dynasty Wealth Management LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 6.1% in the 4th quarter. Dynasty Wealth Management LLC now owns 7,442,209 shares of the company’s stock valued at $408,131,000 after acquiring an additional 431,140 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity Blue Chip Growth ETF by 249.4% in the 4th 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 during the period. Finally, Bank of America Corp DE raised its position in Fidelity Blue Chip Growth ETF by 2.1% in the 3rd quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock valued at $83,462,000 after purchasing an additional 32,087 shares during the last quarter.

Fidelity Blue Chip Growth ETF Price Performance

Shares of BATS:FBCG opened at $61.14 on Wednesday. The stock has a market cap of $5.55 billion, a P/E ratio of 29.62 and a beta of 1.32. The firm has a fifty day moving average price of $61.15 and a 200 day moving average price of $56.36. Fidelity Blue Chip Growth ETF has a 1-year low of $47.60 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.