Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Bought by LPL Financial LLC

LPL Financial LLC lifted its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 34.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 189,889 shares of the company’s stock after purchasing an additional 48,329 shares during the quarter. LPL Financial LLC’s holdings in Fidelity Value Factor ETF were worth $11,683,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in Fidelity Value Factor ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock worth $55,468,000 after buying an additional 65,719 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of 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 worth $55,841,000 after acquiring an additional 10,351 shares during the period. FMR LLC lifted its position in Fidelity Value Factor ETF by 3.2% in the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after purchasing an additional 26,275 shares during the last quarter. High Probability Advisors LLC lifted its position 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 purchasing an additional 7,859 shares during the last quarter. Finally, Custos Family Office LLC boosted its stake in Fidelity Value Factor ETF by 4.5% during the 4th quarter. Custos Family Office LLC now owns 320,550 shares of the company’s stock valued at $19,721,000 after purchasing an additional 13,853 shares during the period.

Fidelity Value Factor ETF Trading Up 0.5 %

Shares of NYSEARCA:FVAL opened at $60.00 on Thursday. The firm’s 50 day moving average is $62.08 and its two-hundred day moving average is $62.08. The firm has a market capitalization of $834 million, a P/E ratio of 19.40 and a beta of 1.03. Fidelity Value Factor ETF has a 52 week low of $54.46 and a 52 week high of $65.00.

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.