Citadel Advisors LLC Increases Stake in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Citadel Advisors LLC increased its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 54.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,525 shares of the company’s stock after buying an additional 11,521 shares during the period. Citadel Advisors LLC owned about 0.23% of Fidelity Value Factor ETF worth $2,001,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in FVAL. Capital Investment Counsel Inc acquired a new stake in Fidelity Value Factor ETF in the fourth quarter valued at approximately $137,000. Kestra Investment Management LLC acquired a new stake in Fidelity Value Factor ETF in the fourth quarter valued at approximately $149,000. Cullen Frost Bankers Inc. raised its holdings in Fidelity Value Factor ETF by 153.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,683 shares of the company’s stock valued at $165,000 after acquiring an additional 1,625 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in Fidelity Value Factor ETF in the fourth quarter valued at approximately $210,000. Finally, Glass Jacobson Investment Advisors llc raised its position in shares of Fidelity Value Factor ETF by 12.2% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 3,935 shares of the company’s stock worth $242,000 after acquiring an additional 427 shares in the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $60.35 on Friday. Fidelity Value Factor ETF has a fifty-two week low of $51.58 and a fifty-two week high of $65.00. The firm has a market capitalization of $926.37 million, a PE ratio of 18.65 and a beta of 0.97. The stock’s 50-day simple moving average is $58.45 and its 200-day simple moving average is $61.30.

About Fidelity Value Factor ETF

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.