Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity Blue Chip Value ETF (BATS:FBCV – Free Report) by 80,103.8% in the 4th quarter, HoldingsChannel reports. The firm owned 189,281 shares of the company’s stock after buying an additional 189,045 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Fidelity Blue Chip Value ETF were worth $6,752,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of FBCV. Savvy Advisors Inc. purchased a new stake in shares of Fidelity Blue Chip Value ETF in the 4th quarter worth about $2,093,000. Royal Bank of Canada lifted its position in shares of Fidelity Blue Chip Value ETF by 4,045.7% in the 1st quarter. Royal Bank of Canada now owns 19,070 shares of the company’s stock worth $610,000 after purchasing an additional 18,610 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Fidelity Blue Chip Value ETF in the 2nd quarter worth about $294,000. Orion Porfolio Solutions LLC lifted its position in shares of Fidelity Blue Chip Value ETF by 53.2% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 10,603 shares of the company’s stock worth $361,000 after purchasing an additional 3,682 shares during the period. Finally, Susquehanna International Group LLP lifted its position in Fidelity Blue Chip Value ETF by 21.0% during the 3rd quarter. Susquehanna International Group LLP now owns 19,884 shares of the company’s stock valued at $678,000 after acquiring an additional 3,446 shares during the period.
Fidelity Blue Chip Value ETF Price Performance
Shares of BATS FBCV opened at $39.05 on Friday. Fidelity Blue Chip Value ETF has a 1 year low of $31.60 and a 1 year high of $39.15. The stock has a market cap of $153.47 million, a P/E ratio of 16.12 and a beta of 0.74. The firm has a 50-day moving average of $37.28 and a 200 day moving average of $36.64.
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.
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Want to see what other hedge funds are holding FBCV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Blue Chip Value ETF (BATS:FBCV – Free Report).
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