Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 8.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 117,328 shares of the company’s stock after buying an additional 9,455 shares during the period. Cetera Investment Advisers owned about 0.84% of Fidelity Value Factor ETF worth $7,218,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FVAL. JPMorgan Chase & Co. raised its position in shares of Fidelity Value Factor ETF by 143.5% during the 4th quarter. JPMorgan Chase & Co. now owns 2,228,882 shares of the company’s stock worth $137,128,000 after buying an additional 1,313,572 shares in the last quarter. Sagespring Wealth Partners LLC purchased a new position in shares of Fidelity Value Factor ETF in the fourth quarter worth approximately $119,768,000. Commonwealth Equity Services LLC increased its stake in Fidelity Value Factor ETF by 1.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 907,646 shares of the company’s stock valued at $55,841,000 after buying an additional 10,351 shares during the period. High Probability Advisors LLC increased its stake in Fidelity Value Factor ETF by 2.2% in the 4th quarter. High Probability Advisors LLC now owns 363,818 shares of the company’s stock valued at $22,383,000 after buying an additional 7,859 shares during the period. Finally, Custos Family Office LLC increased its stake in Fidelity Value Factor ETF by 4.5% in the 4th quarter. Custos Family Office LLC now owns 320,550 shares of the company’s stock valued at $19,721,000 after buying an additional 13,853 shares during the period.

Fidelity Value Factor ETF Stock Up 3.2%

FVAL stock opened at $61.15 on Tuesday. The company has a market capitalization of $932.54 million, a price-to-earnings ratio of 18.09 and a beta of 0.98. Fidelity Value Factor ETF has a 12 month low of $51.58 and a 12 month high of $65.00. The firm has a 50 day moving average of $58.22 and a two-hundred day moving average of $61.29.

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.