Kestra Private Wealth Services LLC Buys 53,910 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Kestra Private Wealth Services LLC boosted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 169.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,723 shares of the company’s stock after purchasing an additional 53,910 shares during the period. Kestra Private Wealth Services LLC’s holdings in Fidelity Value Factor ETF were worth $5,274,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FVAL. Commonwealth Equity Services LLC increased its stake in shares of Fidelity Value Factor ETF by 25.5% in the third quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock worth $54,376,000 after purchasing an additional 182,423 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Fidelity Value Factor ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after buying an additional 65,719 shares in the last quarter. Sax Wealth Advisors LLC bought a new stake in Fidelity Value Factor ETF during the 4th quarter valued at $2,006,000. FMR LLC lifted its position in shares of Fidelity Value Factor ETF by 3.2% during the third quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after acquiring an additional 26,275 shares in the last quarter. Finally, Fischer Investment Strategies LLC boosted its holdings in shares of Fidelity Value Factor ETF by 24.4% in the third quarter. Fischer Investment Strategies LLC now owns 125,695 shares of the company’s stock worth $7,617,000 after acquiring an additional 24,618 shares during the period.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $63.10 on Monday. Fidelity Value Factor ETF has a fifty-two week low of $53.27 and a fifty-two week high of $64.49. The stock has a market cap of $880.25 million, a PE ratio of 15.28 and a beta of 0.93. The stock has a fifty day moving average of $62.96 and a 200-day moving average of $61.17.

Fidelity Value Factor ETF Company 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.