Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 143.5% in the fourth quarter, Holdings Channel reports. The firm owned 2,228,882 shares of the company’s stock after purchasing an additional 1,313,572 shares during the period. JPMorgan Chase & Co. owned about 0.16% of Fidelity Value Factor ETF worth $137,128,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of FVAL. Kestra Private Wealth Services LLC lifted its stake in shares of Fidelity Value Factor ETF by 169.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 85,723 shares of the company’s stock worth $5,274,000 after buying an additional 53,910 shares during the period. LPL Financial LLC lifted its position in Fidelity Value Factor ETF by 34.1% during the 4th quarter. LPL Financial LLC now owns 189,889 shares of the company’s stock worth $11,683,000 after acquiring an additional 48,329 shares during the period. Sax Wealth Advisors LLC acquired a new position in shares of Fidelity Value Factor ETF in the fourth quarter valued at about $2,006,000. FMR LLC raised its stake 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 worth $51,307,000 after purchasing an additional 26,275 shares during the last quarter. Finally, Unique Wealth LLC lifted its holdings in shares of Fidelity Value Factor ETF by 62.9% during the fourth quarter. Unique Wealth LLC now owns 53,217 shares of the company’s stock worth $3,274,000 after purchasing an additional 20,542 shares during the period.

Fidelity Value Factor ETF Trading Up 0.2 %

Shares of NYSEARCA:FVAL opened at $59.72 on Wednesday. Fidelity Value Factor ETF has a twelve month low of $54.46 and a twelve month high of $65.00. The company has a market cap of $830.11 million, a PE ratio of 19.40 and a beta of 1.03. The company’s 50 day moving average is $62.16 and its 200 day moving average is $62.09.

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.