B. Riley Wealth Advisors Inc. Invests $1.15 Million in Fidelity Value Factor ETF $FVAL

B. Riley Wealth Advisors Inc. purchased a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,973 shares of the company’s stock, valued at approximately $1,148,000. B. Riley Wealth Advisors Inc. owned about 0.12% of Fidelity Value Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. IFP Advisors Inc grew its holdings in Fidelity Value Factor ETF by 5.6% in the second quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock valued at $212,000 after purchasing an additional 176 shares during the period. Valmark Advisers Inc. lifted its position in shares of Fidelity Value Factor ETF by 0.7% during the 2nd quarter. Valmark Advisers Inc. now owns 24,748 shares of the company’s stock valued at $1,581,000 after buying an additional 179 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in Fidelity Value Factor ETF by 3.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 13,969 shares of the company’s stock valued at $892,000 after acquiring an additional 402 shares during the period. NewEdge Advisors LLC increased its holdings in Fidelity Value Factor ETF by 6.9% in the 2nd quarter. NewEdge Advisors LLC now owns 7,775 shares of the company’s stock worth $497,000 after acquiring an additional 501 shares in the last quarter. Finally, Cedar Point Capital Partners LLC increased its holdings in Fidelity Value Factor ETF by 1.3% in the 1st quarter. Cedar Point Capital Partners LLC now owns 52,941 shares of the company’s stock worth $3,155,000 after acquiring an additional 667 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA:FVAL opened at $72.33 on Tuesday. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $72.77. The firm has a market capitalization of $1.12 billion, a PE ratio of 19.06 and a beta of 0.97. The business’s 50 day moving average price is $70.27 and its 200-day moving average price is $67.20.

Fidelity Value Factor ETF 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.