Patriot Financial Group Insurance Agency LLC Lowers Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Patriot Financial Group Insurance Agency LLC cut its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,674 shares of the company’s stock after selling 9,305 shares during the quarter. Patriot Financial Group Insurance Agency LLC owned 0.33% of Fidelity Value Factor ETF worth $2,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its holdings in shares of Fidelity Value Factor ETF by 25.5% in the 3rd quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock valued at $54,376,000 after buying an additional 182,423 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Value Factor ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after acquiring an additional 65,719 shares during the period. Unique Wealth LLC acquired a new position in shares of Fidelity Value Factor ETF in the 3rd quarter valued at $1,980,000. Sax Wealth Advisors LLC acquired a new stake in Fidelity Value Factor ETF during the 4th quarter worth $2,006,000. Finally, FMR LLC grew its position in Fidelity Value Factor ETF by 3.2% during the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after purchasing an additional 26,275 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA:FVAL opened at $63.57 on Tuesday. Fidelity Value Factor ETF has a one year low of $53.00 and a one year high of $64.49. The company has a 50-day simple moving average of $62.95 and a 200-day simple moving average of $60.88. The stock has a market capitalization of $886.80 million, a price-to-earnings ratio of 15.28 and a beta of 0.93.

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.