Dynamic Advisor Solutions LLC Has $20.98 Million Stock Holdings in Fidelity Value Factor ETF $FVAL

Dynamic Advisor Solutions LLC raised its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 61.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 290,237 shares of the company’s stock after purchasing an additional 110,322 shares during the quarter. Fidelity Value Factor ETF accounts for approximately 0.7% of Dynamic Advisor Solutions LLC’s investment portfolio, making the stock its 28th biggest position. Dynamic Advisor Solutions LLC owned about 1.88% of Fidelity Value Factor ETF worth $20,975,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FVAL. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Fidelity Value Factor ETF during the second quarter worth $65,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of Fidelity Value Factor ETF during the third quarter worth $204,000. Onyx Bridge Wealth Group LLC acquired a new stake in Fidelity Value Factor ETF during the 3rd quarter worth about $234,000. Integrated Wealth Concepts LLC increased its holdings in Fidelity Value Factor ETF by 4.8% in the third quarter. Integrated Wealth Concepts LLC now owns 3,396 shares of the company’s stock worth $234,000 after purchasing an additional 154 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new stake in shares of Fidelity Value Factor ETF in the 2nd quarter valued at $223,000.

Fidelity Value Factor ETF Trading Down 1.9%

Shares of NYSEARCA FVAL opened at $68.65 on Monday. Fidelity Value Factor ETF has a 1-year low of $51.58 and a 1-year high of $74.64. The firm has a market capitalization of $1.06 billion, a P/E ratio of 19.06 and a beta of 0.97. The firm’s 50-day moving average price is $72.85 and its 200-day moving average price is $71.24.

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.