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

Fidelity Blue Chip Value ETF (BATS:FBCV) was the recipient of a significant growth in short interest during the month of 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. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 6,486 shares, the days-to-cover ratio is currently 2.0 days.

Fidelity Blue Chip Value ETF Trading Up 1.3%

FBCV opened at $39.21 on Friday. The firm has a market capitalization of $154.10 million, a PE ratio of 16.12 and a beta of 0.74. Fidelity Blue Chip Value ETF has a twelve month low of $32.07 and a twelve month high of $39.52. The firm’s 50-day moving average price is $38.18 and its 200 day moving average price is $37.09.

Institutional Trading of Fidelity Blue Chip Value ETF

Large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in 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 buying an additional 524 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in Fidelity Blue Chip Value ETF in the 4th quarter valued at $30,000. Global Trust Asset Management LLC purchased a new stake in Fidelity Blue Chip Value ETF in the 1st quarter valued at $37,000. Osaic Holdings Inc. grew its holdings in Fidelity Blue Chip Value ETF by 151.3% in the 2nd quarter. Osaic Holdings Inc. now owns 2,759 shares of the company’s stock valued at $90,000 after buying an additional 1,661 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in Fidelity Blue Chip Value ETF by 18.6% in the 4th quarter. Sunbelt Securities Inc. now owns 6,764 shares of the company’s stock valued at $241,000 after buying an additional 1,059 shares in the last quarter.

About Fidelity Blue Chip Value ETF

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.