Cetera Investment Advisers Acquires 24,376 Shares of Fidelity Value Factor ETF $FVAL

Cetera Investment Advisers boosted its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 9.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 281,544 shares of the company’s stock after purchasing an additional 24,376 shares during the quarter. Cetera Investment Advisers owned 1.76% of Fidelity Value Factor ETF worth $19,539,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Greenline Wealth Management LLC bought a new position in Fidelity Value Factor ETF during the 4th quarter worth $32,000. Wells Fargo & Company MN raised its stake in Fidelity Value Factor ETF by 516.4% in the fourth quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $33,000 after purchasing an additional 377 shares in the last quarter. Harbor Asset Planning Inc. acquired a new position in Fidelity Value Factor ETF in the fourth quarter valued at about $39,000. Woodard & Co. Asset Management Group Inc. ADV lifted its position in Fidelity Value Factor ETF by 709.0% during the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 542 shares of the company’s stock worth $39,000 after purchasing an additional 475 shares during the period. Finally, Lavaca Capital LLC bought a new stake in Fidelity Value Factor ETF during the first quarter worth about $66,000.

Fidelity Value Factor ETF Stock Up 0.5%

Shares of Fidelity Value Factor ETF stock opened at $79.62 on Tuesday. Fidelity Value Factor ETF has a 12-month low of $63.43 and a 12-month high of $80.69. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. The firm’s 50-day moving average price is $78.73 and its two-hundred day moving average price is $75.12.

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.