MWA Asset Management Purchases New Position in Fidelity Blue Chip Value ETF (BATS:FBCV)

MWA Asset Management acquired a new stake in Fidelity Blue Chip Value ETF (BATS:FBCV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 6,544 shares of the company’s stock, valued at approximately $214,000. MWA Asset Management owned about 0.16% of Fidelity Blue Chip Value ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. CWM LLC boosted its stake in shares of Fidelity Blue Chip Value ETF by 72.1% during the third quarter. CWM LLC now owns 6,180 shares of the company’s stock valued at $202,000 after purchasing an additional 2,590 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in Fidelity Blue Chip Value ETF by 8.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 377,761 shares of the company’s stock worth $11,340,000 after acquiring an additional 29,320 shares during the last quarter. Traynor Capital Management Inc. acquired a new position in Fidelity Blue Chip Value ETF in the 2nd quarter valued at approximately $2,619,000. Finally, Pacifica Partners Inc. bought a new position in shares of Fidelity Blue Chip Value ETF during the second quarter valued at $30,000.

Fidelity Blue Chip Value ETF Trading Down 0.6 %

Shares of Fidelity Blue Chip Value ETF stock opened at $33.00 on Wednesday. The company has a market capitalization of $136.94 million, a PE ratio of 1.85 and a beta of 0.57. The business has a fifty day simple moving average of $32.67 and a two-hundred day simple moving average of $31.45.

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.