Fidelity Blue Chip Growth ETF $FBCG Shares Acquired by Traynor Capital Management Inc.

Traynor Capital Management Inc. increased its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 63.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,708 shares of the company’s stock after purchasing an additional 15,417 shares during the period. Traynor Capital Management Inc.’s holdings in Fidelity Blue Chip Growth ETF were worth $2,131,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV increased its stake in shares of Fidelity Blue Chip Growth ETF by 221.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 756 shares of the company’s stock valued at $36,000 after acquiring an additional 521 shares during the last quarter. Northwest Capital Management Inc purchased a new stake in Fidelity Blue Chip Growth ETF in the second quarter valued at approximately $52,000. First United Bank & Trust increased its position in Fidelity Blue Chip Growth ETF by 838.0% during the third quarter. First United Bank & Trust now owns 2,345 shares of the company’s stock worth $126,000 after purchasing an additional 2,095 shares during the last quarter. Harbor Asset Planning Inc. purchased a new position in Fidelity Blue Chip Growth ETF during the second quarter worth approximately $132,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in Fidelity Blue Chip Growth ETF during the second quarter worth approximately $202,000.

Fidelity Blue Chip Growth ETF Stock Up 21.1%

Shares of BATS FBCG opened at $55.54 on Thursday. The stock has a market capitalization of $5.04 billion, a PE ratio of 29.62 and a beta of 1.32. The firm has a fifty day moving average of $54.76 and a 200-day moving average of $53.19. Fidelity Blue Chip Growth ETF has a 52-week low of $33.57 and a 52-week high of $50.14.

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.