Fidelity Blue Chip Value ETF (BATS:FBCV) Short Interest Update

Fidelity Blue Chip Value ETF (BATS:FBCV) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 12,998 shares, a growth of 222.0% from the May 14th total of 4,037 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 6,486 shares, the short-interest ratio is presently 2.0 days.

Fidelity Blue Chip Value ETF Trading Up 0.6%

Shares of FBCV traded up $0.24 during trading hours on Friday, reaching $39.45. The stock had a trading volume of 6,181 shares, compared to its average volume of 32,128. Fidelity Blue Chip Value ETF has a 12 month low of $32.07 and a 12 month high of $39.58. The firm has a 50-day simple moving average of $38.24 and a 200 day simple moving average of $37.11. The company has a market capitalization of $155.04 million, a price-to-earnings ratio of 16.12 and a beta of 0.74.

Hedge Funds Weigh In On Fidelity Blue Chip Value ETF

A number of large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted 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 purchasing an additional 189,045 shares in the last quarter. &PARTNERS lifted its holdings in shares of Fidelity Blue Chip Value ETF by 1.8% in the 4th quarter. &PARTNERS now owns 95,846 shares of the company’s stock worth $3,419,000 after purchasing an additional 1,732 shares in the last quarter. Savvy Advisors Inc. bought a new position in shares of Fidelity Blue Chip Value ETF in the 4th quarter worth $2,093,000. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Blue Chip Value ETF by 8.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 32,870 shares of the company’s stock worth $1,120,000 after purchasing an additional 2,679 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Fidelity Blue Chip Value ETF by 10.0% in the 1st quarter. AdvisorNet Financial Inc now owns 28,981 shares of the company’s stock worth $1,043,000 after purchasing an additional 2,631 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.