Jones Financial Companies Lllp Grows Stock Holdings in Fidelity Value Factor ETF $FVAL

Jones Financial Companies Lllp increased its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 31.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 34,466 shares of the company’s stock after buying an additional 8,331 shares during the period. Jones Financial Companies Lllp owned about 0.22% of Fidelity Value Factor ETF worth $2,367,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FVAL. Royal Bank of Canada boosted its stake in shares of Fidelity Value Factor ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 165,041 shares of the company’s stock worth $9,835,000 after acquiring an additional 843 shares during the period. Goldman Sachs Group Inc. bought a new stake in Fidelity Value Factor ETF during the 1st quarter valued at approximately $1,656,000. IFP Advisors Inc lifted its holdings in Fidelity Value Factor ETF by 5.6% in the 2nd quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock worth $212,000 after purchasing an additional 176 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Fidelity Value Factor ETF by 12.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 29,371 shares of the company’s stock worth $1,876,000 after purchasing an additional 3,315 shares during the period. Finally, Primoris Wealth Advisors LLC boosted its stake in Fidelity Value Factor ETF by 40.1% in the 2nd quarter. Primoris Wealth Advisors LLC now owns 45,482 shares of the company’s stock worth $2,905,000 after purchasing an additional 13,015 shares during the period.

Fidelity Value Factor ETF Price Performance

Fidelity Value Factor ETF stock opened at $74.00 on Monday. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $74.57. The firm’s 50 day moving average price is $72.85 and its 200-day moving average price is $69.89. The stock has a market cap of $1.15 billion, a P/E 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.