Kestra Investment Management LLC Buys New Shares in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Kestra Investment Management LLC purchased a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,418 shares of the company’s stock, valued at approximately $149,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FVAL. FMR LLC increased 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 buying an additional 26,275 shares in the last quarter. Private Advisor Group LLC grew its stake in Fidelity Value Factor ETF by 19.3% in the third quarter. Private Advisor Group LLC now owns 7,284 shares of the company’s stock valued at $441,000 after acquiring an additional 1,177 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Value Factor ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after acquiring an additional 65,719 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Fidelity Value Factor ETF by 22.3% during the third quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock worth $276,000 after purchasing an additional 831 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Fidelity Value Factor ETF by 3.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock worth $1,389,000 after purchasing an additional 796 shares in the last quarter.

Fidelity Value Factor ETF Trading Down 0.5 %

NYSEARCA FVAL opened at $64.42 on Friday. The company has a market cap of $898.66 million, a P/E ratio of 15.28 and a beta of 0.93. The company has a fifty day simple moving average of $62.97 and a 200 day simple moving average of $61.50. Fidelity Value Factor ETF has a 12-month low of $53.89 and a 12-month 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.