Fidelity Blue Chip Value ETF (BATS:FBCV) Stock Price Up 0.1%

Shares of Fidelity Blue Chip Value ETF (BATS:FBCV) rose 0.1% during trading on Thursday . The company traded as high as $32.41 and last traded at $32.35. Approximately 10,596 shares were traded during trading, The stock had previously closed at $32.32.

Fidelity Blue Chip Value ETF Price Performance

The stock has a market capitalization of $134.46 million, a P/E ratio of 1.85 and a beta of 0.57. The stock’s 50-day simple moving average is $31.63 and its 200 day simple moving average is $30.78.

Institutional Investors Weigh In On Fidelity Blue Chip Value ETF

Hedge funds have recently bought and sold shares of the stock. Pacifica Partners Inc. bought a new position in Fidelity Blue Chip Value ETF during the 2nd quarter worth $30,000. CWM LLC boosted its position in shares of Fidelity Blue Chip Value ETF by 11.6% in the second quarter. CWM LLC now owns 3,590 shares of the company’s stock valued at $108,000 after acquiring an additional 372 shares during the period. Private Advisor Group LLC acquired a new position in shares of Fidelity Blue Chip Value ETF in the first quarter valued at about $544,000. Traynor Capital Management Inc. bought a new position in Fidelity Blue Chip Value ETF during the second quarter worth about $2,619,000. Finally, &PARTNERS raised its stake in Fidelity Blue Chip Value ETF by 1.8% in the 1st quarter. &PARTNERS now owns 97,931 shares of the company’s stock worth $3,057,000 after purchasing an additional 1,718 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.