Bouvel Investment Partners LLC Trims Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Bouvel Investment Partners LLC decreased its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,132 shares of the company’s stock after selling 628 shares during the period. Bouvel Investment Partners LLC’s holdings in Fidelity Value Factor ETF were worth $3,038,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Cullen Frost Bankers Inc. acquired a new position in Fidelity Value Factor ETF during the second quarter valued at $32,000. Comerica Bank grew its holdings in shares of Fidelity Value Factor ETF by 33.7% in the first quarter. Comerica Bank now owns 2,182 shares of the company’s stock valued at $125,000 after purchasing an additional 550 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Fidelity Value Factor ETF by 8.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after purchasing an additional 267 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Fidelity Value Factor ETF by 16.7% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock worth $236,000 after acquiring an additional 586 shares in the last quarter. Finally, Kovack Advisors Inc. acquired a new stake in shares of Fidelity Value Factor ETF in the third quarter valued at approximately $287,000.

Fidelity Value Factor ETF Trading Up 0.0 %

Shares of FVAL stock opened at $63.29 on Thursday. Fidelity Value Factor ETF has a 12-month low of $49.16 and a 12-month high of $63.65. The company has a market cap of $882.90 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. The stock has a 50 day simple moving average of $60.72 and a 200-day simple moving average of $58.63.

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.