Fidelity Blue Chip Value ETF (BATS:FBCV) Stock Price Down 0.1% – Here’s What Happened

Fidelity Blue Chip Value ETF (BATS:FBCV)’s share price was down 0.1% during trading on Friday . The stock traded as low as $32.94 and last traded at $33.09. Approximately 26,509 shares changed hands during trading, The stock had previously closed at $33.11.

Fidelity Blue Chip Value ETF Trading Down 0.1 %

The stock has a market capitalization of $137.33 million, a PE ratio of 1.85 and a beta of 0.57. The firm has a 50-day moving average price of $32.24 and a 200-day moving average price of $31.02.

Institutional Investors Weigh In On Fidelity Blue Chip Value ETF

Several large investors have recently made changes to their positions in the company. Private Advisor Group LLC bought a new position in shares of Fidelity Blue Chip Value ETF in the first quarter worth about $544,000. Commonwealth Equity Services LLC raised its stake in shares of Fidelity Blue Chip Value ETF by 8.4% during the second quarter. Commonwealth Equity Services LLC now owns 377,761 shares of the company’s stock valued at $11,340,000 after acquiring an additional 29,320 shares in the last quarter. CWM LLC boosted its holdings 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 purchasing an additional 372 shares during the period. Lincoln National Corp increased its holdings in Fidelity Blue Chip Value ETF by 0.6% during the 1st quarter. Lincoln National Corp now owns 113,062 shares of the company’s stock worth $3,529,000 after purchasing an additional 716 shares during the period. Finally, Traynor Capital Management Inc. bought a new stake in Fidelity Blue Chip Value ETF during the 2nd quarter valued at $2,619,000.

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.