Fmr LLC Buys 3,316 Shares of Fidelity Blue Chip Value ETF (BATS:FBCV)

Fmr LLC grew its stake in shares of Fidelity Blue Chip Value ETF (BATS:FBCV) by 107.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,403 shares of the company’s stock after buying an additional 3,316 shares during the quarter. Fmr LLC owned 0.15% of Fidelity Blue Chip Value ETF worth $209,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Commonwealth Equity Services LLC raised its position in Fidelity Blue Chip Value ETF by 8.4% during the second quarter. Commonwealth Equity Services LLC now owns 377,761 shares of the company’s stock valued at $11,340,000 after purchasing an additional 29,320 shares in the last quarter. MWA Asset Management bought a new position in shares of Fidelity Blue Chip Value ETF during the 3rd quarter valued at about $214,000. Finally, CWM LLC increased its position in shares of Fidelity Blue Chip Value ETF by 72.1% during the 3rd quarter. CWM LLC now owns 6,180 shares of the company’s stock valued at $202,000 after purchasing an additional 2,590 shares during the last quarter.

Fidelity Blue Chip Value ETF Stock Up 1.0 %

BATS:FBCV opened at $31.62 on Friday. The company has a market cap of $131.23 million, a P/E ratio of 1.85 and a beta of 0.57. The stock has a fifty day moving average price of $33.02 and a 200 day moving average price of $31.87.

Fidelity Blue Chip Value ETF Company Profile

The Fidelity Blue Chip Value ETF (FBCV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is an actively-managed, non-transparent fund of fundamentally-selected large-cap global value stocks. The fund utilizes the Fidelity non-transparent model. FBCV was launched on Jun 3, 2020 and is managed by Fidelity.