Envestnet Asset Management Inc. Has $608,000 Stake in Fidelity International Value Factor ETF $FIVA

Envestnet Asset Management Inc. raised its stake in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) by 51.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,707 shares of the company’s stock after buying an additional 7,066 shares during the quarter. Envestnet Asset Management Inc. owned about 0.26% of Fidelity International Value Factor ETF worth $608,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Koshinski Asset Management Inc. grew its holdings in Fidelity International Value Factor ETF by 8.6% during the second quarter. Koshinski Asset Management Inc. now owns 11,138 shares of the company’s stock valued at $327,000 after purchasing an additional 878 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Fidelity International Value Factor ETF in the second quarter worth $171,000. Cadent Capital Advisors LLC boosted its position in shares of Fidelity International Value Factor ETF by 21.2% during the second quarter. Cadent Capital Advisors LLC now owns 56,376 shares of the company’s stock worth $1,654,000 after purchasing an additional 9,855 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of Fidelity International Value Factor ETF during the second quarter worth $132,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of Fidelity International Value Factor ETF in the 1st quarter valued at $101,000.

Fidelity International Value Factor ETF Stock Up 0.6%

FIVA opened at $31.81 on Tuesday. The stock has a market cap of $286.29 million, a P/E ratio of 11.15 and a beta of 0.81. Fidelity International Value Factor ETF has a 12 month low of $23.44 and a 12 month high of $32.77. The company has a fifty day simple moving average of $31.63 and a 200 day simple moving average of $30.33.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.