JPMorgan Chase & Co. Purchases 65,719 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

JPMorgan Chase & Co. increased its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 7.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 915,310 shares of the company’s stock after buying an additional 65,719 shares during the quarter. JPMorgan Chase & Co. owned 6.56% of Fidelity Value Factor ETF worth $55,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in FVAL. Commonwealth Equity Services LLC grew its position in shares of Fidelity Value Factor ETF by 25.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock valued at $54,376,000 after buying an additional 182,423 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of 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 acquiring an additional 149,954 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Fidelity Value Factor ETF by 7.5% in the second quarter. Thrivent Financial for Lutherans now owns 556,692 shares of the company’s stock valued at $32,057,000 after acquiring an additional 38,752 shares during the last quarter. Unique Wealth LLC acquired a new stake in Fidelity Value Factor ETF during the 3rd quarter valued at approximately $1,980,000. Finally, FMR LLC raised its holdings in Fidelity Value Factor ETF by 3.2% during the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after purchasing an additional 26,275 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $62.10 on Friday. The company’s 50 day moving average price is $62.79 and its 200-day moving average price is $60.31. Fidelity Value Factor ETF has a 52-week low of $51.95 and a 52-week high of $64.49. The company has a market capitalization of $866.30 million, a P/E ratio of 15.28 and a beta of 0.93.

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.