Fidelity Blue Chip Value ETF (BATS:FBCV) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its stake in shares of Fidelity Blue Chip Value ETF (BATS:FBCV) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,090 shares of the company’s stock after buying an additional 1,349 shares during the quarter. Orion Portfolio Solutions LLC owned 0.27% of Fidelity Blue Chip Value ETF worth $362,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. CWM LLC grew its holdings in shares of Fidelity Blue Chip Value ETF by 72.1% in the 3rd quarter. CWM LLC now owns 6,180 shares of the company’s stock worth $202,000 after acquiring an additional 2,590 shares during the period. FMR LLC grew its holdings in Fidelity Blue Chip Value ETF by 107.4% in the third quarter. FMR LLC now owns 6,403 shares of the company’s stock valued at $209,000 after purchasing an additional 3,316 shares during the last quarter. MWA Asset Management purchased a new position in shares of Fidelity Blue Chip Value ETF in the third quarter valued at $214,000. Traynor Capital Management Inc. acquired a new position in shares of Fidelity Blue Chip Value ETF during the 2nd quarter worth $2,619,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Fidelity Blue Chip Value ETF by 8.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 377,761 shares of the company’s stock worth $11,340,000 after buying an additional 29,320 shares in the last quarter.

Fidelity Blue Chip Value ETF Price Performance

BATS:FBCV opened at $31.56 on Thursday. The stock has a market cap of $130.97 million, a P/E ratio of 1.85 and a beta of 0.57. The company’s fifty day simple moving average is $33.07 and its 200-day simple moving average is $31.85.

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.