Fidelity Value Factor ETF $FVAL Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 69.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 255,253 shares of the company’s stock after selling 574,945 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity Value Factor ETF were worth $17,579,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Cedar Point Capital Partners LLC grew its stake in Fidelity Value Factor ETF by 2.7% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 57,566 shares of the company’s stock valued at $3,965,000 after acquiring an additional 1,488 shares during the last quarter. Altfest L J & Co. Inc. lifted its holdings in shares of Fidelity Value Factor ETF by 1.0% in the third quarter. Altfest L J & Co. Inc. now owns 40,043 shares of the company’s stock valued at $2,758,000 after purchasing an additional 383 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of Fidelity Value Factor ETF in the third quarter valued at approximately $27,668,000. Sax Wealth Advisors LLC grew its position in shares of Fidelity Value Factor ETF by 29.6% in the third quarter. Sax Wealth Advisors LLC now owns 83,950 shares of the company’s stock valued at $5,782,000 after purchasing an additional 19,172 shares during the last quarter. Finally, Darwin Wealth Management LLC increased its stake in shares of Fidelity Value Factor ETF by 4.0% during the 3rd quarter. Darwin Wealth Management LLC now owns 17,487 shares of the company’s stock worth $1,204,000 after purchasing an additional 669 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of Fidelity Value Factor ETF stock opened at $73.96 on Friday. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $74.07. The business has a 50 day moving average price of $71.52 and a 200 day moving average price of $68.53. The company has a market capitalization of $1.14 billion, a P/E ratio of 19.06 and a beta of 0.97.

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.