Forbes Financial Planning Inc. Acquires 7,832 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Forbes Financial Planning Inc. increased its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 8.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,950 shares of the company’s stock after purchasing an additional 7,832 shares during the quarter. Fidelity Value Factor ETF makes up approximately 4.4% of Forbes Financial Planning Inc.’s holdings, making the stock its 11th largest holding. Forbes Financial Planning Inc. owned about 0.72% of Fidelity Value Factor ETF worth $6,057,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new stake in shares of Fidelity Value Factor ETF in the second quarter worth about $32,000. Comerica Bank boosted its position 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. 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 valued at $192,000 after acquiring an additional 267 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in Fidelity Value Factor ETF by 16.7% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock valued at $236,000 after acquiring an additional 586 shares in the last quarter. Finally, Thoroughbred Financial Services LLC bought a new stake in Fidelity Value Factor ETF during the 1st quarter valued at approximately $265,000.

Fidelity Value Factor ETF Stock Performance

Fidelity Value Factor ETF stock opened at $60.73 on Friday. The stock’s 50 day simple moving average is $60.15 and its two-hundred day simple moving average is $58.18. The stock has a market cap of $847.18 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a fifty-two week low of $47.36 and a fifty-two week high of $62.17.

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.