Childress Capital Advisors LLC Reduces Position in Fidelity Blue Chip Growth ETF $FBCG

Childress Capital Advisors LLC trimmed its position in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 44.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MML Investors Services LLC increased its holdings in shares of Fidelity Blue Chip Growth ETF by 4.8% in the 4th quarter. MML Investors Services LLC now owns 1,179,739 shares of the company’s stock valued at $64,697,000 after acquiring an additional 54,074 shares during the last quarter. Gilbert Capital Group Inc. purchased a new stake in Fidelity Blue Chip Growth ETF during the third quarter worth approximately $5,332,000. Quotient Wealth Partners LLC boosted its holdings in Fidelity Blue Chip Growth ETF by 21.3% in the fourth quarter. Quotient Wealth Partners LLC now owns 57,276 shares of the company’s stock valued at $3,141,000 after purchasing an additional 10,069 shares in the last quarter. Savvy Advisors Inc. acquired a new position in Fidelity Blue Chip Growth ETF in the fourth quarter valued at approximately $2,977,000. Finally, Certified Advisory Corp increased its stake in Fidelity Blue Chip Growth ETF by 21.6% in the first quarter. Certified Advisory Corp now owns 48,463 shares of the company’s stock valued at $2,429,000 after purchasing an additional 8,618 shares during the last quarter.

Fidelity Blue Chip Growth ETF Trading Down 1.1%

Shares of BATS:FBCG opened at $61.14 on Wednesday. The firm has a 50 day simple moving average of $61.15 and a 200-day simple moving average of $56.36. Fidelity Blue Chip Growth ETF has a twelve month low of $47.60 and a twelve month high of $64.32. The company has a market capitalization of $5.55 billion, a PE ratio of 29.62 and a beta of 1.32.

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.