Orion Portfolio Solutions LLC Sells 10,976 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Orion Portfolio Solutions LLC trimmed its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 28.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,638 shares of the company’s stock after selling 10,976 shares during the quarter. Orion Portfolio Solutions LLC owned 0.20% of Fidelity Value Factor ETF worth $1,700,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FVAL. JPMorgan Chase & Co. increased its position in shares of Fidelity Value Factor ETF by 143.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,228,882 shares of the company’s stock worth $137,128,000 after acquiring an additional 1,313,572 shares in the last quarter. LPL Financial LLC boosted its stake in Fidelity Value Factor ETF by 34.1% in the 4th quarter. LPL Financial LLC now owns 189,889 shares of the company’s stock worth $11,683,000 after purchasing an additional 48,329 shares during the period. Condor Capital Management increased its holdings in Fidelity Value Factor ETF by 4.3% during the 4th quarter. Condor Capital Management now owns 104,086 shares of the company’s stock worth $6,404,000 after purchasing an additional 4,326 shares in the last quarter. Forbes Financial Planning Inc. raised its stake in shares of Fidelity Value Factor ETF by 1.3% in the 4th quarter. Forbes Financial Planning Inc. now owns 101,225 shares of the company’s stock valued at $6,228,000 after purchasing an additional 1,275 shares during the period. Finally, Custos Family Office LLC lifted its holdings in shares of Fidelity Value Factor ETF by 4.5% in the fourth quarter. Custos Family Office LLC now owns 320,550 shares of the company’s stock valued at $19,721,000 after purchasing an additional 13,853 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

FVAL stock opened at $60.00 on Thursday. The stock has a market capitalization of $834 million, a P/E ratio of 19.40 and a beta of 1.03. Fidelity Value Factor ETF has a fifty-two week low of $54.46 and a fifty-two week high of $65.00. The business has a 50-day moving average of $62.08 and a 200-day moving average of $62.08.

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.