112,346 Shares in Fidelity Blue Chip Value ETF (BATS:FBCV) Purchased by Lincoln National Corp

Lincoln National Corp acquired a new stake in Fidelity Blue Chip Value ETF (BATS:FBCV) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 112,346 shares of the company’s stock, valued at approximately $3,278,000.

Other hedge funds have also recently modified their holdings of the company. Orion Portfolio Solutions LLC bought a new position in shares of Fidelity Blue Chip Value ETF in the third quarter valued at approximately $205,000. National Bank of Canada FI bought a new position in Fidelity Blue Chip Value ETF in the 4th quarter valued at $370,000. Kestra Private Wealth Services LLC grew its stake in Fidelity Blue Chip Value ETF by 67.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 41,822 shares of the company’s stock valued at $1,220,000 after purchasing an additional 16,876 shares during the period. Finally, Atria Wealth Solutions Inc. increased its position in shares of Fidelity Blue Chip Value ETF by 2.6% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 206,178 shares of the company’s stock valued at $5,672,000 after purchasing an additional 5,320 shares during the last quarter.

Fidelity Blue Chip Value ETF Stock Performance

Shares of BATS:FBCV traded up $0.07 during midday trading on Tuesday, reaching $30.25. The company had a trading volume of 11,864 shares. The stock has a market capitalization of $125.54 million, a PE ratio of 1.85 and a beta of 0.57. The stock has a 50-day simple moving average of $30.28 and a 200 day simple moving average of $29.15.

About Fidelity Blue Chip Value ETF

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.