Ameritas Advisory Services LLC Acquires Shares of 4,446 Fidelity Blue Chip Growth ETF $FBCG

Ameritas Advisory Services LLC acquired a new stake in shares of Fidelity Blue Chip Growth ETF (BATS:FBCG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,446 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its holdings in Fidelity Blue Chip Growth ETF by 16.2% during the first quarter. JPMorgan Chase & Co. now owns 9,685,217 shares of the company’s stock valued at $387,118,000 after purchasing an additional 1,350,071 shares in the last quarter. Dynasty Wealth Management LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 19.7% in the first quarter. Dynasty Wealth Management LLC now owns 6,679,781 shares of the company’s stock valued at $266,991,000 after buying an additional 1,099,765 shares during the last quarter. Sagespring Wealth Partners LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 16.8% in the first quarter. Sagespring Wealth Partners LLC now owns 6,194,027 shares of the company’s stock valued at $247,575,000 after buying an additional 889,959 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 19.2% in the first quarter. Commonwealth Equity Services LLC now owns 2,662,363 shares of the company’s stock valued at $106,415,000 after buying an additional 429,278 shares during the last quarter. Finally, CWM LLC raised its position in shares of Fidelity Blue Chip Growth ETF by 34.0% in the first quarter. CWM LLC now owns 715,256 shares of the company’s stock valued at $28,589,000 after buying an additional 181,472 shares during the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 16.8%

Shares of BATS FBCG opened at $53.57 on Wednesday. The firm has a 50-day simple moving average of $51.95 and a 200-day simple moving average of $46.65. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 52 week low of $33.57 and a 52 week high of $50.14.

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.