Dynamic Advisor Solutions LLC Trims Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Dynamic Advisor Solutions LLC lowered its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 160,751 shares of the company’s stock after selling 2,672 shares during the period. Dynamic Advisor Solutions LLC owned 1.15% of Fidelity Value Factor ETF worth $9,890,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FVAL. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 valued at $192,000 after acquiring an additional 267 shares during the last quarter. Cetera Investment Advisers raised its stake in Fidelity Value Factor ETF by 5.1% during the second quarter. Cetera Investment Advisers now owns 100,006 shares of the company’s stock worth $5,759,000 after purchasing an additional 4,892 shares during the period. Unique Wealth LLC acquired a new position in Fidelity Value Factor ETF in the 3rd quarter valued at about $1,980,000. Atomi Financial Group Inc. grew its stake in shares of Fidelity Value Factor ETF by 28.6% in the 3rd quarter. Atomi Financial Group Inc. now owns 8,596 shares of the company’s stock valued at $521,000 after buying an additional 1,912 shares during the period. Finally, Quotient Wealth Partners LLC increased its holdings in shares of Fidelity Value Factor ETF by 29.4% during the 3rd quarter. Quotient Wealth Partners LLC now owns 9,391 shares of the company’s stock worth $569,000 after buying an additional 2,135 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

FVAL stock opened at $63.99 on Friday. Fidelity Value Factor ETF has a one year low of $53.00 and a one year high of $64.49. The firm has a market cap of $892.66 million, a PE ratio of 15.28 and a beta of 0.93. The firm’s 50 day moving average price is $62.93 and its 200-day moving average price is $60.81.

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.