Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC increased its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 16.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,606 shares of the company’s stock after purchasing an additional 10,087 shares during the period. AE Wealth Management LLC owned 0.51% of Fidelity Value Factor ETF worth $4,123,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FVAL. J.W. Cole Advisors Inc. raised its holdings in shares of Fidelity Value Factor ETF by 6.1% during the first quarter. J.W. Cole Advisors Inc. now owns 8,055 shares of the company’s stock valued at $460,000 after acquiring an additional 461 shares during the last quarter. Comerica Bank raised its stake in Fidelity Value Factor ETF by 33.7% in the 1st quarter. Comerica Bank now owns 2,182 shares of the company’s stock valued at $125,000 after purchasing an additional 550 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in Fidelity Value Factor ETF in the 2nd quarter valued at $32,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Fidelity Value Factor ETF by 16.7% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock worth $236,000 after purchasing an additional 586 shares during the last quarter. Finally, Spectrum Investment Advisors Inc. boosted its stake in Fidelity Value Factor ETF by 5.2% during the 1st quarter. Spectrum Investment Advisors Inc. now owns 12,676 shares of the company’s stock worth $723,000 after purchasing an additional 630 shares during the last quarter.

Fidelity Value Factor ETF Stock Down 0.8 %

Shares of NYSEARCA FVAL opened at $59.71 on Monday. The firm has a 50-day simple moving average of $58.39 and a 200-day simple moving average of $57.18. The stock has a market capitalization of $832.95 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 52 week low of $45.57 and a 52 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.