Envestnet Asset Management Inc. Boosts Stake in American Century Focused Dynamic Growth ETF (BATS:FDG)

Envestnet Asset Management Inc. increased its stake in shares of American Century Focused Dynamic Growth ETF (BATS:FDG) by 9.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 641,504 shares of the company’s stock after purchasing an additional 53,616 shares during the period. Envestnet Asset Management Inc. owned approximately 25.66% of American Century Focused Dynamic Growth ETF worth $57,678,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FDG. Synergy Asset Management LLC purchased a new position in American Century Focused Dynamic Growth ETF in the 1st quarter valued at approximately $4,528,000. Commonwealth Equity Services LLC boosted its position in American Century Focused Dynamic Growth ETF by 2.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 10,953 shares of the company’s stock valued at $905,000 after buying an additional 240 shares during the period. J.W. Cole Advisors Inc. purchased a new position in American Century Focused Dynamic Growth ETF in the 1st quarter valued at approximately $223,000. Lincoln National Corp boosted its position in American Century Focused Dynamic Growth ETF by 6.9% in the 1st quarter. Lincoln National Corp now owns 28,923 shares of the company’s stock valued at $2,390,000 after buying an additional 1,869 shares during the period. Finally, Simplicity Wealth LLC purchased a new position in American Century Focused Dynamic Growth ETF in the 2nd quarter valued at approximately $435,000.

American Century Focused Dynamic Growth ETF Price Performance

Shares of FDG stock opened at $89.37 on Thursday. The stock has a market cap of $223.42 million, a PE ratio of 45.26 and a beta of 1.36. The firm has a 50 day simple moving average of $87.80 and a 200 day simple moving average of $85.02.

American Century Focused Dynamic Growth ETF Profile

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model.