Envestnet Asset Management Inc. Acquires 26,130 Shares of Fidelity International Value Factor ETF $FIVA

Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) by 126.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,837 shares of the company’s stock after purchasing an additional 26,130 shares during the quarter. Envestnet Asset Management Inc. owned about 0.52% of Fidelity International Value Factor ETF worth $1,465,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FIVA. Cornerstone Planning Group LLC bought a new stake in shares of Fidelity International Value Factor ETF in the 3rd quarter worth about $48,000. Northwestern Mutual Wealth Management Co. grew its position in Fidelity International Value Factor ETF by 32.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,019 shares of the company’s stock worth $147,000 after acquiring an additional 1,231 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Fidelity International Value Factor ETF during the second quarter worth approximately $205,000. Prosperity Planning Inc. purchased a new stake in Fidelity International Value Factor ETF during the third quarter valued at approximately $206,000. Finally, Asset Allocation Strategies LLC purchased a new stake in Fidelity International Value Factor ETF during the second quarter valued at approximately $208,000.

Fidelity International Value Factor ETF Stock Down 0.3%

NYSEARCA FIVA opened at $38.07 on Monday. Fidelity International Value Factor ETF has a 52 week low of $23.44 and a 52 week high of $38.29. The company has a fifty day moving average of $36.21 and a two-hundred day moving average of $33.32. The firm has a market capitalization of $479.68 million, a price-to-earnings ratio of 11.15 and a beta of 0.81.

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.