Fifth Third Securities Inc. Makes New $585,000 Investment in Fidelity Blue Chip Value ETF $FBCV

Fifth Third Securities Inc. purchased a new stake in Fidelity Blue Chip Value ETF (BATS:FBCV) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 14,194 shares of the company’s stock, valued at approximately $585,000.

Other large investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new position in Fidelity Blue Chip Value ETF during the 3rd quarter valued at $1,559,000. Envestnet Asset Management Inc. raised its holdings in Fidelity Blue Chip Value ETF by 73.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 52,729 shares of the company’s stock worth $2,100,000 after purchasing an additional 22,353 shares in the last quarter. Bank of America Corp DE bought a new position in Fidelity Blue Chip Value ETF in the 1st quarter worth $355,000. Sunbelt Securities Inc. raised its holdings in Fidelity Blue Chip Value ETF by 143.5% in the 1st quarter. Sunbelt Securities Inc. now owns 16,471 shares of the company’s stock worth $593,000 after purchasing an additional 9,707 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new position in Fidelity Blue Chip Value ETF in the 1st quarter worth $266,000.

Fidelity Blue Chip Value ETF Trading Up 0.9%

BATS:FBCV opened at $43.59 on Friday. The company has a 50-day moving average price of $42.41 and a 200-day moving average price of $40.51. Fidelity Blue Chip Value ETF has a 12 month low of $34.16 and a 12 month high of $43.59. The stock has a market cap of $171.31 million, a price-to-earnings ratio of 16.12 and a beta of 0.74.

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.