Creative Planning Sells 736 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Creative Planning reduced its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 0.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 118,384 shares of the company’s stock after selling 736 shares during the quarter. Creative Planning owned about 0.85% of Fidelity Value Factor ETF worth $7,174,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Value Factor ETF by 8.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after buying an additional 267 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in 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 worth $460,000 after acquiring an additional 461 shares during the period. Comerica Bank increased its position in Fidelity Value Factor ETF by 33.7% during the first quarter. Comerica Bank now owns 2,182 shares of the company’s stock worth $125,000 after acquiring an additional 550 shares during the period. Cullen Frost Bankers Inc. acquired a new position in Fidelity Value Factor ETF during the 2nd quarter valued at $32,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Fidelity Value Factor ETF by 16.7% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock valued at $236,000 after purchasing an additional 586 shares during the period.

Fidelity Value Factor ETF Stock Performance

NYSEARCA:FVAL opened at $61.22 on Thursday. The firm’s 50-day moving average is $59.81 and its 200-day moving average is $57.94. The company has a market cap of $854.03 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 $62.17.

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.