Commonwealth Equity Services LLC Has $13.62 Million Position in Fidelity Blue Chip Value ETF (BATS:FBCV)

Commonwealth Equity Services LLC increased its position in Fidelity Blue Chip Value ETF (BATS:FBCV) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 430,970 shares of the company’s stock after buying an additional 28,998 shares during the quarter. Commonwealth Equity Services LLC owned 10.38% of Fidelity Blue Chip Value ETF worth $13,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Cullen Frost Bankers Inc. increased its stake in shares of Fidelity Blue Chip Value ETF by 30.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,520 shares of the company’s stock valued at $48,000 after buying an additional 351 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of Fidelity Blue Chip Value ETF in the fourth quarter valued at approximately $5,640,000. Kestra Private Wealth Services LLC increased its stake in shares of Fidelity Blue Chip Value ETF by 14.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 43,384 shares of the company’s stock valued at $1,371,000 after buying an additional 5,426 shares during the period. Sunbelt Securities Inc. increased its stake in shares of Fidelity Blue Chip Value ETF by 14.9% in the third quarter. Sunbelt Securities Inc. now owns 5,460 shares of the company’s stock valued at $178,000 after buying an additional 706 shares during the period. Finally, Orion Portfolio Solutions LLC increased its stake in shares of Fidelity Blue Chip Value ETF by 13.8% in the third quarter. Orion Portfolio Solutions LLC now owns 11,090 shares of the company’s stock valued at $362,000 after buying an additional 1,349 shares during the period.

Fidelity Blue Chip Value ETF Price Performance

Shares of FBCV stock opened at $31.95 on Wednesday. The business’s 50 day simple moving average is $32.11 and its 200 day simple moving average is $32.45. Fidelity Blue Chip Value ETF has a one year low of $29.37 and a one year high of $34.17. The stock has a market capitalization of $127.15 million, a PE ratio of 2.00 and a beta of 0.75.

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.