Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Purchased by LPL Financial LLC

LPL Financial LLC grew its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 34.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,889 shares of the company’s stock after acquiring an additional 48,329 shares during the period. LPL Financial LLC owned about 1.36% of Fidelity Value Factor ETF worth $11,683,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Cerity Partners LLC bought a new position in shares of Fidelity Value Factor ETF during the third quarter worth about $428,000. FMR LLC lifted 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 buying an additional 26,275 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Fidelity Value Factor ETF by 3.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock worth $1,389,000 after buying an additional 796 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Fidelity Value Factor ETF by 22.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock worth $276,000 after acquiring an additional 831 shares in the last quarter. Finally, Executive Wealth Management LLC bought a new stake in shares of Fidelity Value Factor ETF in the 3rd quarter valued at approximately $831,000.

Fidelity Value Factor ETF Price Performance

Shares of FVAL opened at $60.00 on Thursday. The stock has a market capitalization of $834 million, a PE ratio of 19.40 and a beta of 1.03. The business’s fifty day moving average price is $62.08 and its 200 day moving average price is $62.08. Fidelity Value Factor ETF has a 12-month low of $54.46 and a 12-month high of $65.00.

Fidelity Value Factor ETF 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.