Dynasty Wealth Management LLC Acquires 431,140 Shares of Fidelity Blue Chip Growth ETF $FBCG

Dynasty Wealth Management LLC grew its holdings in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,442,209 shares of the company’s stock after purchasing an additional 431,140 shares during the period. Fidelity Blue Chip Growth ETF comprises 4.0% of Dynasty Wealth Management LLC’s holdings, making the stock its 9th largest holding. Dynasty Wealth Management LLC owned 8.20% of Fidelity Blue Chip Growth ETF worth $408,131,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FBCG. Marshall Wace LLP acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $1,040,000. Raymond James Financial Inc. acquired a new stake in shares of Fidelity Blue Chip Growth ETF during the 2nd quarter worth approximately $203,000. Ausdal Financial Partners Inc. boosted its position in shares of Fidelity Blue Chip Growth ETF by 23.3% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 6,195 shares of the company’s stock worth $299,000 after acquiring an additional 1,172 shares in the last quarter. Florida Financial Advisors LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 29.6% during the 2nd quarter. Florida Financial Advisors LLC now owns 10,001 shares of the company’s stock worth $482,000 after acquiring an additional 2,285 shares in the last quarter. Finally, CLG LLC boosted its position in shares of Fidelity Blue Chip Growth ETF by 55.4% during the 2nd quarter. CLG LLC now owns 90,057 shares of the company’s stock worth $4,344,000 after acquiring an additional 32,089 shares in the last quarter.

Fidelity Blue Chip Growth ETF Trading Up 1.0%

BATS FBCG opened at $64.06 on Wednesday. The firm has a market capitalization of $5.81 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. The firm’s 50 day simple moving average is $56.89 and its 200 day simple moving average is $54.99. Fidelity Blue Chip Growth ETF has a 1 year low of $45.02 and a 1 year high of $64.28.

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.