Thoroughbred Financial Services LLC Purchases 3,396 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thoroughbred Financial Services LLC lifted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 72.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,057 shares of the company’s stock after purchasing an additional 3,396 shares during the quarter. Thoroughbred Financial Services LLC owned about 0.06% of Fidelity Value Factor ETF worth $463,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in Fidelity Value Factor ETF in the second quarter worth about $32,000. Indiana Trust & Investment Management CO purchased a new position in Fidelity Value Factor ETF in the first quarter worth about $96,000. Comerica Bank grew its position in Fidelity Value Factor ETF by 33.7% in the first quarter. Comerica Bank now owns 2,182 shares of the company’s stock worth $125,000 after acquiring an additional 550 shares in the last quarter. Clarity Asset Management Inc. purchased a new position in Fidelity Value Factor ETF in the fourth quarter worth about $133,000. Finally, Hartline Investment Corp purchased a new position in Fidelity Value Factor ETF in the first quarter worth about $201,000.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA:FVAL opened at $59.21 on Tuesday. The firm has a market capitalization of $825.98 million, a PE ratio of 15.28 and a beta of 0.93. The business has a 50 day simple moving average of $58.29 and a two-hundred day simple moving average of $57.02. Fidelity Value Factor ETF has a 1 year low of $45.57 and a 1 year high of $59.94.

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.