Proficio Capital Partners LLC Makes New Investment in Fidelity Blue Chip Value ETF (BATS:FBCV)

Proficio Capital Partners LLC acquired a new stake in shares of Fidelity Blue Chip Value ETF (BATS:FBCV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 178,444 shares of the company’s stock, valued at approximately $5,640,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kestra Private Wealth Services LLC raised its position in shares of Fidelity Blue Chip Value ETF by 14.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 43,384 shares of the company’s stock valued at $1,371,000 after buying an additional 5,426 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Fidelity Blue Chip Value ETF by 14.9% in the third quarter. Sunbelt Securities Inc. now owns 5,460 shares of the company’s stock valued at $178,000 after purchasing an additional 706 shares in the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of Fidelity Blue Chip Value ETF by 13.8% in the third quarter. Orion Portfolio Solutions LLC now owns 11,090 shares of the company’s stock valued at $362,000 after purchasing an additional 1,349 shares in the last quarter. FMR LLC grew its holdings in shares of 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 in the last quarter. Finally, MWA Asset Management purchased a new position in shares of Fidelity Blue Chip Value ETF in the third quarter valued at $214,000.

Fidelity Blue Chip Value ETF Stock Performance

FBCV stock opened at $31.64 on Monday. The firm has a fifty day moving average price of $32.10 and a 200 day moving average price of $32.46. Fidelity Blue Chip Value ETF has a fifty-two week low of $29.37 and a fifty-two week high of $34.17. The firm has a market cap of $125.91 million, a PE ratio of 2.00 and a beta of 0.75.

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.