GWN Securities Inc. Buys New Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

GWN Securities Inc. bought a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,015 shares of the company’s stock, valued at approximately $309,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its holdings in Fidelity Value Factor ETF by 3.5% in the third quarter. Thrivent Financial for Lutherans now owns 575,998 shares of the company’s stock worth $34,905,000 after acquiring an additional 19,306 shares in the last quarter. First Horizon Advisors Inc. bought a new position in Fidelity Value Factor ETF in the third quarter worth approximately $214,000. Darwin Wealth Management LLC bought a new position in Fidelity Value Factor ETF in the third quarter worth approximately $1,154,000. Cerity Partners LLC bought a new position in Fidelity Value Factor ETF in the third quarter worth approximately $428,000. Finally, FMR LLC boosted its holdings in Fidelity Value Factor ETF by 3.2% in the third quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after acquiring an additional 26,275 shares in the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA:FVAL opened at $60.38 on Tuesday. The business’s 50 day simple moving average is $62.63 and its two-hundred day simple moving average is $61.96. The firm has a market cap of $975.14 million, a P/E ratio of 19.70 and a beta of 1.03. Fidelity Value Factor ETF has a 52-week low of $54.46 and a 52-week 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.