Ballast Financial Advisors LLC acquired a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,067 shares of the company’s stock, valued at approximately $583,000. Ballast Financial Advisors LLC owned approximately 0.05% of Fidelity Value Factor ETF as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in FVAL. Royal Bank of Canada grew its holdings in 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 in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Fidelity Value Factor ETF during the 1st quarter valued at $1,656,000. NewEdge Advisors LLC grew its holdings in Fidelity Value Factor ETF by 6.9% during the 2nd quarter. NewEdge Advisors LLC now owns 7,775 shares of the company’s stock valued at $497,000 after purchasing an additional 501 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in Fidelity Value Factor ETF during the 2nd quarter valued at $340,000. Finally, Darwin Wealth Management LLC acquired a new stake in Fidelity Value Factor ETF during the 2nd quarter valued at $1,074,000.
Fidelity Value Factor ETF Trading Down 1.4%
FVAL opened at $77.86 on Thursday. The company has a fifty day simple moving average of $76.82 and a 200 day simple moving average of $73.86. The firm has a market cap of $1.25 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 $61.76 and a twelve month high of $80.69.
About Fidelity Value Factor ETF
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.
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