Kestra Investment Management LLC Invests $149,000 in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Kestra Investment Management LLC acquired a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,418 shares of the company’s stock, valued at approximately $149,000.

Several other institutional investors have also added to or reduced their stakes in the stock. PUREfi Wealth LLC acquired a new position in shares of Fidelity Value Factor ETF in the 4th quarter worth approximately $328,000. Clarity Capital Partners LLC raised its stake in Fidelity Value Factor ETF by 20.0% during the fourth quarter. Clarity Capital Partners LLC now owns 12,764 shares of the company’s stock worth $785,000 after buying an additional 2,130 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in Fidelity Value Factor ETF by 169.5% during the fourth quarter. Kestra Private Wealth Services LLC now owns 85,723 shares of the company’s stock worth $5,274,000 after buying an additional 53,910 shares during the last quarter. Quotient Wealth Partners LLC lifted its holdings in Fidelity Value Factor ETF by 76.8% in the fourth quarter. Quotient Wealth Partners LLC now owns 16,599 shares of the company’s stock valued at $1,021,000 after buying an additional 7,208 shares during the period. Finally, Spectrum Investment Advisors Inc. grew its holdings in Fidelity Value Factor ETF by 4.2% during the 4th quarter. Spectrum Investment Advisors Inc. now owns 13,923 shares of the company’s stock worth $857,000 after acquiring an additional 559 shares during the period.

Fidelity Value Factor ETF Trading Down 0.5 %

FVAL stock opened at $64.42 on Friday. The firm has a market cap of $898.66 million, a PE ratio of 15.28 and a beta of 0.93. The stock has a 50-day moving average price of $62.97 and a 200-day moving average price of $61.50. Fidelity Value Factor ETF has a 1-year low of $53.89 and a 1-year 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.