428,485 Shares in Fidelity Blue Chip Value ETF $FBCV Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC purchased a new stake in Fidelity Blue Chip Value ETF (BATS:FBCV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 428,485 shares of the company’s stock, valued at approximately $17,645,000. Commonwealth Equity Services LLC owned approximately 0.11% of Fidelity Blue Chip Value ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FBCV. Armstrong Advisory Group Inc. purchased a new position in shares of Fidelity Blue Chip Value ETF in the 3rd quarter worth about $119,000. Bank of America Corp DE bought a new stake in shares of Fidelity Blue Chip Value ETF during the 1st quarter worth $355,000. CoreCap Advisors LLC boosted its stake in Fidelity Blue Chip Value ETF by 23.1% in the second quarter. CoreCap Advisors LLC now owns 12,189 shares of the company’s stock worth $485,000 after buying an additional 2,288 shares in the last quarter. Florida Financial Advisors LLC boosted its position in Fidelity Blue Chip Value ETF by 56.4% during the first quarter. Florida Financial Advisors LLC now owns 13,794 shares of the company’s stock valued at $496,000 after buying an additional 4,974 shares during the period. Finally, Fifth Third Securities Inc. purchased a new stake in shares of Fidelity Blue Chip Value ETF during the third quarter valued at approximately $585,000.

Fidelity Blue Chip Value ETF Price Performance

BATS FBCV opened at $44.52 on Wednesday. Fidelity Blue Chip Value ETF has a 1 year low of $34.16 and a 1 year high of $45.34. The stock has a market capitalization of $206.13 million, a PE ratio of 18.05 and a beta of 0.66. The business’s 50-day moving average is $42.64 and its 200 day moving average is $39.85.

Fidelity Blue Chip Value ETF 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.