Proficio Capital Partners LLC Takes Position in Fidelity Blue Chip Value ETF (BATS:FBCV)

Proficio Capital Partners LLC purchased 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 178,444 shares of the company’s stock, valued at approximately $5,640,000.

Several other hedge funds have also added to or reduced their stakes in FBCV. MWA Asset Management bought a new stake in shares of Fidelity Blue Chip Value ETF during the 3rd quarter valued at $214,000. Kestra Private Wealth Services LLC grew 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 during the period. FMR LLC increased 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. Orion Portfolio Solutions LLC lifted its stake in 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 buying an additional 1,349 shares during the period. Finally, Sunbelt Securities Inc. boosted its holdings in 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 buying an additional 706 shares during the last quarter.

Fidelity Blue Chip Value ETF Price Performance

Fidelity Blue Chip Value ETF stock opened at $32.32 on Tuesday. The firm has a market cap of $128.63 million, a price-to-earnings ratio of 2.00 and a beta of 0.75. The stock’s 50-day moving average is $32.11 and its 200-day moving average is $32.47.

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.