11,876 Shares in Fidelity Value Factor ETF $FVAL Acquired by Diversify Advisory Services LLC

Diversify Advisory Services LLC purchased a new position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,876 shares of the company’s stock, valued at approximately $869,000. Diversify Advisory Services LLC owned about 0.08% of Fidelity Value Factor ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated purchased a new position in Fidelity Value Factor ETF during the 4th quarter worth approximately $202,000. Sowell Financial Services LLC purchased a new position in Fidelity Value Factor ETF during the 4th quarter worth approximately $203,000. Avidian Wealth Enterprises LLC purchased a new position in Fidelity Value Factor ETF during the 3rd quarter worth approximately $204,000. Kestra Investment Management LLC purchased a new position in Fidelity Value Factor ETF during the 2nd quarter worth approximately $223,000. Finally, Onyx Bridge Wealth Group LLC purchased a new position in Fidelity Value Factor ETF during the 3rd quarter worth approximately $234,000.

Fidelity Value Factor ETF Stock Up 1.0%

NYSEARCA:FVAL opened at $72.67 on Tuesday. The stock’s 50 day moving average price is $71.74 and its 200 day moving average price is $71.43. The company has a market capitalization of $1.14 billion, a PE ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 52-week low of $53.87 and a 52-week high of $74.64.

About Fidelity Value Factor ETF

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.