Unique Wealth LLC Boosts Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Unique Wealth LLC boosted its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 62.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 53,217 shares of the company’s stock after purchasing an additional 20,542 shares during the period. Unique Wealth LLC’s holdings in Fidelity Value Factor ETF were worth $3,274,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FVAL. Thoroughbred Financial Services LLC lifted its holdings in Fidelity Value Factor ETF by 72.9% in the second quarter. Thoroughbred Financial Services LLC now owns 8,057 shares of the company’s stock valued at $463,000 after acquiring an additional 3,396 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity Value Factor ETF by 15.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,104,243 shares of the company’s stock valued at $63,587,000 after purchasing an additional 149,954 shares during the period. AE Wealth Management LLC boosted its holdings in Fidelity Value Factor ETF by 16.4% during the second quarter. AE Wealth Management LLC now owns 71,606 shares of the company’s stock worth $4,123,000 after buying an additional 10,087 shares in the last quarter. Thrivent Financial for Lutherans grew its position in Fidelity Value Factor ETF by 7.5% during the second quarter. Thrivent Financial for Lutherans now owns 556,692 shares of the company’s stock valued at $32,057,000 after buying an additional 38,752 shares during the period. Finally, Fischer Investment Strategies LLC increased its holdings in Fidelity Value Factor ETF by 2.3% in the second quarter. Fischer Investment Strategies LLC now owns 101,077 shares of the company’s stock valued at $5,820,000 after buying an additional 2,229 shares in the last quarter.

Fidelity Value Factor ETF Stock Up 0.3 %

FVAL stock opened at $61.49 on Tuesday. Fidelity Value Factor ETF has a 52-week low of $51.95 and a 52-week high of $64.49. The firm has a market cap of $857.79 million, a P/E ratio of 15.28 and a beta of 0.93. The company’s 50-day simple moving average is $62.88 and its 200-day simple moving average is $60.50.

About Fidelity Value Factor ETF

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.