Cetera Investment Advisers Has $19.54 Million Holdings in Fidelity Value Factor ETF $FVAL

Cetera Investment Advisers raised its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 9.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 281,544 shares of the company’s stock after acquiring an additional 24,376 shares during the period. Cetera Investment Advisers’ holdings in Fidelity Value Factor ETF were worth $19,539,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Fidelity Value Factor ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 165,041 shares of the company’s stock valued at $9,835,000 after purchasing an additional 843 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Fidelity Value Factor ETF during the first quarter worth $1,656,000. NewEdge Advisors LLC increased its holdings in shares of Fidelity Value Factor ETF by 6.9% during the second quarter. NewEdge Advisors LLC now owns 7,775 shares of the company’s stock worth $497,000 after buying an additional 501 shares in the last quarter. Quantinno Capital Management LP bought a new position in shares of Fidelity Value Factor ETF in the 2nd quarter valued at $340,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Fidelity Value Factor ETF in the 2nd quarter valued at $1,074,000.

Fidelity Value Factor ETF Stock Up 0.5%

NYSEARCA FVAL opened at $79.62 on Tuesday. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a twelve month low of $63.43 and a twelve month high of $80.69. The business’s fifty day moving average is $78.73 and its 200 day moving average is $75.12.

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.