Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Acquired by Sunbelt Securities Inc.

Sunbelt Securities Inc. increased its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL – Get Rating) by 61.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,948 shares of the company’s stock after buying an additional 3,400 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity Value Factor ETF were worth $358,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FVAL. FMR LLC lifted its position in Fidelity Value Factor ETF by 66.7% in the 2nd quarter. FMR LLC now owns 1,181,833 shares of the company’s stock valued at $50,842,000 after purchasing an additional 472,871 shares during the last quarter. Royal Bank of Canada lifted its position in Fidelity Value Factor ETF by 134.5% in the 3rd quarter. Royal Bank of Canada now owns 212,419 shares of the company’s stock valued at $8,499,000 after purchasing an additional 121,825 shares during the last quarter. Advisor Group Holdings Inc. lifted its position in Fidelity Value Factor ETF by 21.1% in the 2nd quarter. Advisor Group Holdings Inc. now owns 601,986 shares of the company’s stock valued at $25,898,000 after purchasing an additional 104,721 shares during the last quarter. BMS Financial Advisors LLC bought a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter worth about $2,433,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of Fidelity Value Factor ETF during the 1st quarter worth about $1,292,000.

Fidelity Value Factor ETF Trading Up 1.8 %

FVAL stock opened at $44.55 on Friday. Fidelity Value Factor ETF has a 52 week low of $39.76 and a 52 week high of $52.25. The company has a market capitalization of $467.78 million, a price-to-earnings ratio of 10.88 and a beta of 1.05. The firm’s 50-day moving average is $45.87 and its two-hundred day moving average is $44.52.

Fidelity Value Factor ETF Profile

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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.