Sowa Financial Group Inc. Has $32.73 Million Stock Holdings in Fidelity Blue Chip Growth ETF $FBCG

Sowa Financial Group Inc. lifted its holdings in Fidelity Blue Chip Growth ETF (BATS:FBCG) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 596,795 shares of the company’s stock after acquiring an additional 24,288 shares during the quarter. Fidelity Blue Chip Growth ETF makes up approximately 17.0% of Sowa Financial Group Inc.’s holdings, making the stock its largest holding. Sowa Financial Group Inc. owned about 0.66% of Fidelity Blue Chip Growth ETF worth $32,728,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of FBCG. JPMorgan Chase & Co. boosted its stake in Fidelity Blue Chip Growth ETF by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 9,308,010 shares of the company’s stock worth $499,468,000 after purchasing an additional 68,934 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in shares of Fidelity Blue Chip Growth ETF by 15.2% in the third quarter. Sagespring Wealth Partners LLC now owns 7,176,954 shares of the company’s stock valued at $385,115,000 after buying an additional 948,594 shares in the last quarter. Dynasty Wealth Management LLC raised its holdings in shares of Fidelity Blue Chip Growth ETF by 27.3% in the third quarter. Dynasty Wealth Management LLC now owns 7,011,069 shares of the company’s stock valued at $376,214,000 after buying an additional 1,503,658 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Fidelity Blue Chip Growth ETF by 2.1% in the third quarter. Bank of America Corp DE now owns 1,555,385 shares of the company’s stock valued at $83,462,000 after buying an additional 32,087 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in Fidelity Blue Chip Growth ETF by 2.1% during the 2nd quarter. MML Investors Services LLC now owns 1,158,247 shares of the company’s stock worth $55,874,000 after buying an additional 23,767 shares in the last quarter.

Fidelity Blue Chip Growth ETF Stock Up 1.8%

Shares of BATS:FBCG opened at $60.55 on Thursday. The firm has a market cap of $5.49 billion, a P/E ratio of 29.62 and a beta of 1.32. Fidelity Blue Chip Growth ETF has a 12 month low of $40.52 and a 12 month high of $60.78. The company’s 50-day moving average price is $53.70 and its two-hundred day moving average price is $54.14.

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.