Fidelity Value Factor ETF $FVAL Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 200.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,100 shares of the company’s stock after acquiring an additional 11,408 shares during the quarter. Farther Finance Advisors LLC owned 0.11% of Fidelity Value Factor ETF worth $1,236,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its position in shares of Fidelity Value Factor ETF by 5.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,476,362 shares of the company’s stock worth $101,677,000 after acquiring an additional 78,311 shares in the last quarter. High Probability Advisors LLC grew its position in shares of Fidelity Value Factor ETF by 3.1% in the 3rd quarter. High Probability Advisors LLC now owns 427,612 shares of the company’s stock worth $29,450,000 after acquiring an additional 12,675 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Fidelity Value Factor ETF by 1,449.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 417,772 shares of the company’s stock worth $28,772,000 after acquiring an additional 390,802 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of Fidelity Value Factor ETF in the 3rd quarter worth approximately $27,668,000. Finally, MAI Capital Management grew its position in shares of Fidelity Value Factor ETF by 98.9% in the 3rd quarter. MAI Capital Management now owns 299,051 shares of the company’s stock worth $20,596,000 after acquiring an additional 148,716 shares in the last quarter.

Fidelity Value Factor ETF Trading Down 0.5%

Shares of FVAL opened at $74.53 on Wednesday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. The stock has a 50 day moving average of $71.82 and a 200-day moving average of $71.65. Fidelity Value Factor ETF has a 52 week low of $55.06 and a 52 week high of $75.29.

Fidelity Value Factor ETF Company 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.