Commonwealth Equity Services LLC Grows Stock Holdings in Fidelity Blue Chip Value ETF $FBCV

Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Blue Chip Value ETF (BATS:FBCV) by 18.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 506,502 shares of the company’s stock after buying an additional 78,523 shares during the period. Commonwealth Equity Services LLC owned 0.13% of Fidelity Blue Chip Value ETF worth $17,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FBCV. CWM LLC lifted its position in Fidelity Blue Chip Value ETF by 33.1% in the third quarter. CWM LLC now owns 27,137 shares of the company’s stock valued at $925,000 after acquiring an additional 6,752 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Fidelity Blue Chip Value ETF by 4,045.7% in the 1st quarter. Royal Bank of Canada now owns 19,070 shares of the company’s stock valued at $610,000 after purchasing an additional 18,610 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Fidelity Blue Chip Value ETF in the 2nd quarter valued at about $294,000. Fifth Third Securities Inc. purchased a new position in Fidelity Blue Chip Value ETF during the 3rd quarter worth approximately $284,000. Finally, AdvisorNet Financial Inc grew its stake in Fidelity Blue Chip Value ETF by 107.2% during the 3rd quarter. AdvisorNet Financial Inc now owns 8,187 shares of the company’s stock worth $279,000 after buying an additional 4,236 shares during the last quarter.

Fidelity Blue Chip Value ETF Trading Up 3.6%

Shares of BATS FBCV opened at $36.70 on Friday. The stock has a market cap of $144.24 million, a P/E ratio of 16.12 and a beta of 0.74. Fidelity Blue Chip Value ETF has a twelve month low of $28.43 and a twelve month high of $34.17. The stock has a 50 day moving average of $35.47 and a two-hundred day moving average of $34.24.

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.