Cullen Frost Bankers Inc. Grows Holdings in Fidelity Blue Chip Value ETF (BATS:FBCV)

Cullen Frost Bankers Inc. lifted its stake in shares of Fidelity Blue Chip Value ETF (BATS:FBCV) by 30.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,520 shares of the company’s stock after purchasing an additional 351 shares during the period. Cullen Frost Bankers Inc.’s holdings in Fidelity Blue Chip Value ETF were worth $48,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of FBCV. Sunbelt Securities Inc. increased its stake in shares of Fidelity Blue Chip Value ETF by 14.9% during the third quarter. Sunbelt Securities Inc. now owns 5,460 shares of the company’s stock worth $178,000 after purchasing an additional 706 shares in the last quarter. FMR LLC increased its stake in shares of Fidelity Blue Chip Value ETF by 107.4% during the third quarter. FMR LLC now owns 6,403 shares of the company’s stock worth $209,000 after purchasing an additional 3,316 shares in the last quarter. MWA Asset Management purchased a new stake in shares of Fidelity Blue Chip Value ETF during the third quarter worth about $214,000. Orion Portfolio Solutions LLC increased its stake in shares of Fidelity Blue Chip Value ETF by 13.8% during the third quarter. Orion Portfolio Solutions LLC now owns 11,090 shares of the company’s stock worth $362,000 after purchasing an additional 1,349 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake 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 worth $1,371,000 after purchasing an additional 5,426 shares in the last quarter.

Fidelity Blue Chip Value ETF Stock Up 1.9 %

FBCV stock opened at $32.13 on Monday. The stock has a market capitalization of $127.86 million, a P/E ratio of 2.00 and a beta of 0.75. The firm has a 50-day simple moving average of $32.11 and a 200-day simple moving average of $32.48. Fidelity Blue Chip Value ETF has a 52 week low of $29.37 and a 52 week high of $34.17.

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.