Thoroughbred Financial Services LLC increased its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL – Free Report) by 31.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,454 shares of the company’s stock after purchasing an additional 2,995 shares during the quarter. Thoroughbred Financial Services LLC owned approximately 0.09% of Fidelity Value Factor ETF worth $766,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in FVAL. Capital Investment Counsel Inc purchased a new stake in shares of Fidelity Value Factor ETF during the fourth quarter worth $137,000. Kestra Investment Management LLC purchased a new stake in Fidelity Value Factor ETF during the 4th quarter valued at about $149,000. Cullen Frost Bankers Inc. raised its holdings in Fidelity Value Factor ETF by 153.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 2,683 shares of the company’s stock valued at $165,000 after acquiring an additional 1,625 shares during the last quarter. Foundations Investment Advisors LLC purchased a new position in Fidelity Value Factor ETF in the 4th quarter worth approximately $210,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of Fidelity Value Factor ETF by 22.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock worth $276,000 after purchasing an additional 831 shares during the last quarter.
Fidelity Value Factor ETF Stock Performance
NYSEARCA:FVAL opened at $54.06 on Friday. Fidelity Value Factor ETF has a one year low of $54.00 and a one year high of $65.00. The stock has a market cap of $751.43 million, a PE ratio of 19.40 and a beta of 1.03. The stock has a 50 day moving average price of $61.75 and a 200 day moving average price of $62.03.
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.
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