Fidelity Value Factor ETF (NYSEARCA:FVAL) Hits New 12-Month High at $60.14

Fidelity Value Factor ETF (NYSEARCA:FVALGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $60.14 and last traded at $60.14, with a volume of 4259 shares traded. The stock had previously closed at $59.28.

Fidelity Value Factor ETF Stock Performance

The company has a market cap of $832.95 million, a PE ratio of 15.28 and a beta of 0.93. The firm’s 50 day moving average is $58.39 and its 200-day moving average is $57.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. lifted its position in Fidelity Value Factor ETF by 4.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 72,862 shares of the company’s stock worth $3,862,000 after buying an additional 2,872 shares in the last quarter. Condor Capital Management boosted its position in shares of Fidelity Value Factor ETF by 4.2% during the 4th quarter. Condor Capital Management now owns 87,030 shares of the company’s stock valued at $4,612,000 after acquiring an additional 3,542 shares during the last quarter. Clarity Asset Management Inc. purchased a new stake in shares of Fidelity Value Factor ETF in the fourth quarter valued at about $133,000. Clarity Capital Partners LLC acquired a new stake in Fidelity Value Factor ETF during the fourth quarter worth about $245,000. Finally, Prism Advisors Inc. raised its stake in Fidelity Value Factor ETF by 1.8% during 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 during the period.

Fidelity Value Factor ETF Company Profile

(Get Free Report)

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.

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