Flagship Wealth Advisors LLC Acquires New Shares in Fidelity Value Factor ETF $FVAL

Flagship Wealth Advisors LLC bought a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,430 shares of the company’s stock, valued at approximately $649,000. Flagship Wealth Advisors LLC owned 0.06% of Fidelity Value Factor ETF at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its position in shares of Fidelity Value Factor ETF by 7.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,398,051 shares of the company’s stock valued at $89,293,000 after acquiring an additional 94,266 shares during the period. High Probability Advisors LLC increased its stake in Fidelity Value Factor ETF by 3.1% in the third quarter. High Probability Advisors LLC now owns 427,612 shares of the company’s stock valued at $29,450,000 after purchasing an additional 12,675 shares in the last quarter. Merit Financial Group LLC bought a new stake in Fidelity Value Factor ETF in the third quarter valued at approximately $27,668,000. Custos Family Office LLC raised its holdings in Fidelity Value Factor ETF by 0.7% in the second quarter. Custos Family Office LLC now owns 321,535 shares of the company’s stock worth $20,536,000 after purchasing an additional 2,292 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of Fidelity Value Factor ETF by 7.4% during the second quarter. JPMorgan Chase & Co. now owns 208,079 shares of the company’s stock worth $13,290,000 after purchasing an additional 14,416 shares in the last quarter.

Fidelity Value Factor ETF Stock Up 0.8%

Shares of FVAL stock opened at $73.38 on Friday. Fidelity Value Factor ETF has a 12-month low of $51.58 and a 12-month high of $74.07. The firm has a fifty day moving average of $71.99 and a 200-day moving average of $69.11. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97.

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.