Fidelity Value Factor ETF (NYSEARCA:FVAL) Hits New 52-Week High at $58.03

Fidelity Value Factor ETF (NYSEARCA:FVAL) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $58.03 and last traded at $57.87, with a volume of 12017 shares trading hands. The stock had previously closed at $57.96.

Fidelity Value Factor ETF Stock Down 0.1 %

The stock has a market cap of $808.12 million, a P/E ratio of 15.28 and a beta of 0.93. The business has a 50 day moving average price of $56.75 and a 200 day moving average price of $55.26.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Goodwin Investment Advisory grew its stake in Fidelity Value Factor ETF by 6.4% in the fourth quarter. Goodwin Investment Advisory now owns 722,951 shares of the company’s stock worth $38,315,000 after purchasing an additional 43,270 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in Fidelity Value Factor ETF by 34.7% in the first quarter. Commonwealth Equity Services LLC now owns 648,056 shares of the company’s stock worth $36,972,000 after purchasing an additional 166,991 shares in the last quarter. Prism Advisors Inc. grew its stake in Fidelity Value Factor ETF by 1.8% in the first quarter. Prism Advisors Inc. now owns 448,153 shares of the company’s stock worth $25,567,000 after purchasing an additional 7,712 shares in the last quarter. Custos Family Office LLC grew its stake in Fidelity Value Factor ETF by 1.2% in the first quarter. Custos Family Office LLC now owns 222,364 shares of the company’s stock worth $12,686,000 after purchasing an additional 2,542 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its stake in Fidelity Value Factor ETF by 6.8% in the first quarter. Dynamic Advisor Solutions LLC now owns 183,866 shares of the company’s stock worth $10,490,000 after purchasing an additional 11,691 shares in the last quarter.

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.