Bouvel Investment Partners LLC Sells 628 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Bouvel Investment Partners LLC lowered its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,132 shares of the company’s stock after selling 628 shares during the period. Bouvel Investment Partners LLC owned 0.36% of Fidelity Value Factor ETF worth $3,038,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FVAL. Kovack Advisors Inc. acquired a new stake in shares of Fidelity Value Factor ETF during the third quarter worth $287,000. Sigma Planning Corp lifted its stake in Fidelity Value Factor ETF by 3.5% during the 3rd quarter. Sigma Planning Corp now owns 20,438 shares of the company’s stock valued at $1,239,000 after acquiring an additional 691 shares in the last quarter. Clarity Capital Partners LLC boosted its holdings in shares of Fidelity Value Factor ETF by 6.5% in the 3rd quarter. Clarity Capital Partners LLC now owns 10,634 shares of the company’s stock worth $644,000 after buying an additional 652 shares during the last quarter. Cedar Point Capital Partners LLC boosted its position in Fidelity Value Factor ETF by 1.4% during the third quarter. Cedar Point Capital Partners LLC now owns 51,487 shares of the company’s stock worth $3,120,000 after purchasing an additional 697 shares during the period. Finally, Forbes Financial Planning Inc. lifted its holdings in shares of Fidelity Value Factor ETF by 8.5% in the third quarter. Forbes Financial Planning Inc. now owns 99,950 shares of the company’s stock worth $6,057,000 after buying an additional 7,832 shares in the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA:FVAL opened at $63.29 on Thursday. The stock has a 50 day moving average price of $60.72 and a 200-day moving average price of $58.63. Fidelity Value Factor ETF has a 52-week low of $49.16 and a 52-week high of $63.65. The firm has a market capitalization of $882.90 million, a P/E ratio of 15.28 and a beta of 0.93.

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.