Childress Capital Advisors LLC Sells 44,555 Shares of Fidelity Blue Chip Growth ETF (BATS:FBCG)

Childress Capital Advisors LLC cut its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 39.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 68,490 shares of the company’s stock after selling 44,555 shares during the period. Fidelity Blue Chip Growth ETF makes up about 0.8% of Childress Capital Advisors LLC’s portfolio, making the stock its 24th biggest holding. Childress Capital Advisors LLC’s holdings in Fidelity Blue Chip Growth ETF were worth $2,738,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Principal Securities Inc. raised its position in Fidelity Blue Chip Growth ETF by 100.9% during the fourth quarter. Principal Securities Inc. now owns 4,588 shares of the company’s stock valued at $212,000 after purchasing an additional 2,304 shares during the period. Truist Financial Corp raised its position in Fidelity Blue Chip Growth ETF by 6.9% during the fourth quarter. Truist Financial Corp now owns 7,658 shares of the company’s stock valued at $354,000 after purchasing an additional 491 shares during the period. Private Advisor Group LLC raised its position in Fidelity Blue Chip Growth ETF by 17.8% during the fourth quarter. Private Advisor Group LLC now owns 59,662 shares of the company’s stock valued at $2,760,000 after purchasing an additional 9,023 shares during the period. Dahring Cusmano LLC purchased a new stake in Fidelity Blue Chip Growth ETF during the fourth quarter valued at approximately $2,896,000. Finally, Advantage Trust Co raised its position in Fidelity Blue Chip Growth ETF by 95.3% during the fourth quarter. Advantage Trust Co now owns 124,131 shares of the company’s stock valued at $5,742,000 after purchasing an additional 60,578 shares during the period.

Fidelity Blue Chip Growth ETF Price Performance

Shares of FBCG stock opened at $45.74 on Friday. Fidelity Blue Chip Growth ETF has a 1 year low of $33.57 and a 1 year high of $48.84. The stock’s 50 day simple moving average is $42.93 and its two-hundred day simple moving average is $44.28. The company has a market cap of $4.14 billion, a PE ratio of 29.62 and a beta of 1.32.

Fidelity Blue Chip Growth ETF 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.