Fidelity Blue Chip Value ETF (BATS:FBCV) Stock Price Up 0.5% – Should You Buy?

Fidelity Blue Chip Value ETF (BATS:FBCVGet Free Report)’s share price was up 0.5% during trading on Friday . The stock traded as high as $43.10 and last traded at $43.04. Approximately 11,919 shares were traded during 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 Price Performance

The firm has a market capitalization of $169.15 million, a P/E ratio of 16.12 and a beta of 0.74. The stock has a fifty day simple moving average of $40.98 and a two-hundred day simple moving average of $38.82.

Institutional Trading of Fidelity Blue Chip Value ETF

Several large investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Blue Chip Value ETF by 145.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 885 shares of the company’s stock valued at $29,000 after acquiring an additional 524 shares in the last quarter. Elyxium Wealth LLC bought a new position in Fidelity Blue Chip Value ETF during the fourth quarter worth $30,000. Global Trust Asset Management LLC bought a new position in Fidelity Blue Chip Value ETF during the first quarter worth $37,000. Osaic Holdings Inc. grew its holdings in Fidelity Blue Chip Value ETF by 151.3% in the second quarter. Osaic Holdings Inc. now owns 2,759 shares of the company’s stock worth $90,000 after purchasing an additional 1,661 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in Fidelity Blue Chip Value ETF by 18.6% in the fourth quarter. Sunbelt Securities Inc. now owns 6,764 shares of the company’s stock worth $241,000 after purchasing an additional 1,059 shares during the period.

Fidelity Blue Chip Value ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Fidelity Blue Chip Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Blue Chip Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.