Quotient Wealth Partners LLC Acquires 7,208 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Quotient Wealth Partners LLC lifted its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 76.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,599 shares of the company’s stock after buying an additional 7,208 shares during the quarter. Quotient Wealth Partners LLC owned about 0.12% of Fidelity Value Factor ETF worth $1,021,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FVAL. Commonwealth Equity Services LLC raised its holdings 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 valued at $54,376,000 after buying an additional 182,423 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Value Factor ETF by 7.7% in the third 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 during the last quarter. Sax Wealth Advisors LLC bought a new position in shares of Fidelity Value Factor ETF in the fourth quarter valued at about $2,006,000. FMR LLC raised its holdings in shares of Fidelity Value Factor ETF by 3.2% in the third quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after buying an additional 26,275 shares during the last quarter. Finally, Fischer Investment Strategies LLC raised 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 valued at $7,617,000 after buying an additional 24,618 shares during the last quarter.

Fidelity Value Factor ETF Trading Down 0.6 %

Shares of NYSEARCA:FVAL opened at $63.10 on Friday. The stock has a market capitalization of $880.25 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 1-year low of $53.27 and a 1-year high of $64.49. The business has a 50-day moving average price of $62.96 and a two-hundred day moving average price of $61.13.

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.