Thrivent Financial for Lutherans Acquires 3,678 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thrivent Financial for Lutherans increased its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL – Get Rating) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 74,708 shares of the company’s stock after buying an additional 3,678 shares during the quarter. Thrivent Financial for Lutherans owned 0.71% of Fidelity Value Factor ETF worth $3,279,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of FVAL. UBS Group AG raised its position in Fidelity Value Factor ETF by 112.1% in the first quarter. UBS Group AG now owns 787 shares of the company’s stock valued at $40,000 after purchasing an additional 416 shares during the last quarter. Larson Financial Group LLC bought a new position in shares of Fidelity Value Factor ETF during the fourth quarter worth about $44,000. Accurate Wealth Management LLC bought a new position in shares of Fidelity Value Factor ETF during the fourth quarter worth about $48,000. Almanack Investment Partners LLC. bought a new position in shares of Fidelity Value Factor ETF during the third quarter worth about $70,000. Finally, Richard W. Paul & Associates LLC bought a new position in shares of Fidelity Value Factor ETF during the fourth quarter worth about $78,000.

Fidelity Value Factor ETF Price Performance

Shares of FVAL opened at $45.95 on Tuesday. Fidelity Value Factor ETF has a 1 year low of $39.76 and a 1 year high of $48.46. The company has a market capitalization of $464.10 million, a price-to-earnings ratio of 10.88 and a beta of 1.05. The business has a 50-day moving average of $45.40 and a 200-day moving average of $45.38.

Fidelity Value Factor ETF Profile

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The Fidelity Value Factor ETF (FVAL) is an exchange-traded fund that is based on the Fidelity U.S. Value Factor index. The fund follows a fundamentally selected, tier-weighted index of large-cap US stocks. FVAL was launched on Sep 12, 2016 and is managed by Fidelity.