Fidelity Blue Chip Value ETF (BATS:FBCV – Get Free Report) shares traded up 0.5% on Friday . The company traded as high as $43.10 and last traded at $43.04. 11,919 shares were traded during mid-day trading, a decline of 55% from the average session volume of 26,674 shares. The stock had previously closed at $42.84.
Fidelity Blue Chip Value ETF Trading Up 0.5%
The business has a 50 day moving average price of $40.98 and a 200-day moving average price of $38.82. The firm has a market capitalization of $169.15 million, a PE ratio of 16.12 and a beta of 0.74.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Fidelity Blue Chip Value ETF by 80,103.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 189,281 shares of the company’s stock worth $6,752,000 after acquiring an additional 189,045 shares during the period. Royal Bank of Canada boosted its position in Fidelity Blue Chip Value ETF by 4,045.7% during the first 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 in the last quarter. LPL Financial LLC grew its holdings in Fidelity Blue Chip Value ETF by 182.8% in the fourth quarter. LPL Financial LLC now owns 21,365 shares of the company’s stock valued at $762,000 after purchasing an additional 13,811 shares during the last quarter. Cetera Investment Advisers grew its holdings in Fidelity Blue Chip Value ETF by 76.2% in the fourth quarter. Cetera Investment Advisers now owns 27,216 shares of the company’s stock valued at $971,000 after purchasing an additional 11,768 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Fidelity Blue Chip Value ETF by 139.4% in the fourth quarter. Kestra Advisory Services LLC now owns 17,265 shares of the company’s stock valued at $616,000 after buying an additional 10,054 shares in the last quarter.
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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