Thrivent Financial for Lutherans Has $32.06 Million Stock Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thrivent Financial for Lutherans grew its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 7.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 556,692 shares of the company’s stock after acquiring an additional 38,752 shares during the quarter. Thrivent Financial for Lutherans owned 3.99% of Fidelity Value Factor ETF worth $32,057,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of FVAL. Commonwealth Equity Services LLC boosted its position in shares of 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 valued at $36,972,000 after acquiring an additional 166,991 shares during the period. Envestnet Asset Management Inc. lifted its position in Fidelity Value Factor ETF by 15.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,104,243 shares of the company’s stock worth $63,587,000 after purchasing an additional 149,954 shares during the period. Cetera Investment Advisers lifted its position in Fidelity Value Factor ETF by 64.8% in the first quarter. Cetera Investment Advisers now owns 95,114 shares of the company’s stock worth $5,426,000 after purchasing an additional 37,404 shares during the period. Vantage Financial Partners LLC bought a new position in Fidelity Value Factor ETF in the second quarter worth $1,327,000. Finally, Dynamic Advisor Solutions LLC lifted its position 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 during the period.

Fidelity Value Factor ETF Price Performance

Shares of FVAL stock opened at $59.91 on Tuesday. The stock has a market cap of $835.74 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a one year low of $45.57 and a one year high of $60.37. The stock has a fifty day moving average price of $58.40 and a 200 day moving average price of $57.21.

About Fidelity Value Factor ETF

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.