Private Advisor Group LLC Has $441,000 Stock Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Private Advisor Group LLC grew its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 19.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,284 shares of the company’s stock after buying an additional 1,177 shares during the quarter. Private Advisor Group LLC owned 0.05% of Fidelity Value Factor ETF worth $441,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. bought a new stake in Fidelity Value Factor ETF during the 2nd quarter worth about $32,000. Comerica Bank raised its holdings in Fidelity Value Factor ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,182 shares of the company’s stock worth $125,000 after buying an additional 550 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Value Factor ETF by 8.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after purchasing an additional 267 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Fidelity Value Factor ETF by 16.7% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock valued at $236,000 after purchasing an additional 586 shares during the last quarter. Finally, Thoroughbred Financial Services LLC acquired a new stake in shares of Fidelity Value Factor ETF in the first quarter valued at approximately $265,000.

Fidelity Value Factor ETF Trading Down 0.2 %

NYSEARCA:FVAL opened at $60.58 on Tuesday. Fidelity Value Factor ETF has a 1-year low of $47.86 and a 1-year high of $62.17. The firm has a fifty day simple moving average of $60.15 and a 200 day simple moving average of $58.23. The stock has a market capitalization of $845.09 million, a PE ratio of 15.28 and a beta of 0.93.

Fidelity Value Factor ETF Company Profile

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.