Fischer Investment Strategies LLC Buys 2,229 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Fischer Investment Strategies LLC grew its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 2.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 101,077 shares of the company’s stock after acquiring an additional 2,229 shares during the quarter. Fidelity Value Factor ETF comprises about 5.7% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 7th largest holding. Fischer Investment Strategies LLC owned about 0.72% of Fidelity Value Factor ETF worth $5,820,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of FVAL. Thrivent Financial for Lutherans boosted its position in shares of Fidelity Value Factor ETF by 7.5% during the second quarter. Thrivent Financial for Lutherans now owns 556,692 shares of the company’s stock worth $32,057,000 after buying an additional 38,752 shares during the period. AE Wealth Management LLC raised its stake in Fidelity Value Factor ETF by 16.4% during the 2nd quarter. AE Wealth Management LLC now owns 71,606 shares of the company’s stock valued at $4,123,000 after acquiring an additional 10,087 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Fidelity Value Factor ETF by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,104,243 shares of the company’s stock valued at $63,587,000 after acquiring an additional 149,954 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in Fidelity Value Factor ETF by 72.9% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 8,057 shares of the company’s stock worth $463,000 after acquiring an additional 3,396 shares during the period. Finally, Condor Capital Management grew its stake in shares of Fidelity Value Factor ETF by 5.3% in the second quarter. Condor Capital Management now owns 95,862 shares of the company’s stock worth $5,520,000 after purchasing an additional 4,847 shares in the last quarter.

Fidelity Value Factor ETF Stock Down 0.4 %

Shares of NYSEARCA FVAL opened at $59.71 on Friday. The stock has a market cap of $832.95 million, a P/E ratio of 15.28 and a beta of 0.93. The firm’s 50-day simple moving average is $58.39 and its 200 day simple moving average is $57.16. Fidelity Value Factor ETF has a fifty-two week low of $45.57 and a fifty-two week high of $60.37.

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.