3,524 Shares in Fidelity Value Factor ETF (NYSEARCA:FVAL) Acquired by First Horizon Advisors Inc.

First Horizon Advisors Inc. bought a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 3rd quarter, HoldingsChannel.com reports. The firm bought 3,524 shares of the company’s stock, valued at approximately $214,000.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Fidelity Value Factor ETF by 1.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,477 shares of the company’s stock valued at $696,000 after buying an additional 188 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Fidelity Value Factor ETF by 8.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock worth $192,000 after acquiring an additional 267 shares during the period. Comerica Bank grew its stake in Fidelity Value Factor ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,182 shares of the company’s stock valued at $125,000 after acquiring an additional 550 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Fidelity Value Factor ETF in the 2nd quarter valued at about $32,000. Finally, PFG Advisors increased its holdings in shares of Fidelity Value Factor ETF by 1.2% in the 3rd quarter. PFG Advisors now owns 47,778 shares of the company’s stock valued at $2,895,000 after purchasing an additional 575 shares during the period.

Fidelity Value Factor ETF Stock Performance

FVAL stock opened at $63.26 on Friday. The stock has a market cap of $882.48 million, a P/E ratio of 15.28 and a beta of 0.93. The firm has a 50 day simple moving average of $61.29 and a 200 day simple moving average of $58.92. Fidelity Value Factor ETF has a 52 week low of $49.99 and a 52 week high of $63.65.

Fidelity Value Factor ETF Company 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.