Fidelity Value Factor ETF (NYSEARCA:FVAL – Get Free Report) shares reached a new 52-week high during trading on Wednesday. The company traded as high as $58.03 and was last traded at $57.87 on volume of 12017 shares changing hands. The stock had previously closed at $57.96.
Fidelity Value Factor ETF shares down 0.1%
The stock has a market cap of $808.12 million, a P/E ratio of 15.28, and a beta of 0.93. The company has a 50-day moving average price of $56.75 and a 200-day moving average price of $55.26.
Institutional inflows and outflows
Hedge funds have recently made changes to their holdings in the company. Goodwin Investment Advisory increased its stake in Fidelity Value Factor ETF by 6.4% in the fourth quarter. Goodwin Investment Advisory now owns 722,951 shares of the company’s stock valued at $38,315,000 after buying an additional 43,270 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Fidelity Value Factor ETF by 34.7% in the first quarter. Commonwealth Equity Services LLC now owns 648,056 shares of the company’s stock valued at $36,972,000 after buying an additional 166,991 shares in the last quarter. Prism Advisors Inc. increased its stake in Fidelity Value Factor ETF by 1.8% in the first quarter. Prism Advisors Inc. now owns 448,153 shares of the company’s stock valued at $25,567,000 after buying an additional 7,712 shares in the last quarter. Custos Family Office LLC increased its stake in Fidelity Value Factor ETF by 1.2% in the first quarter. Custos Family Office LLC now owns 222,364 shares of the company’s stock valued at $12,686,000 after purchasing an additional 2,542 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in Fidelity Value Factor ETF by 6.8% in the first quarter. Dynamic Advisor Solutions LLC now owns 183,866 shares of the company’s stock valued at $10,490,000 after purchasing an additional 11,691 shares in the last quarter.
Company profile of the Fidelity Value Factor ETF
(Get free report)
The Fidelity Value Factor ETF (FVAL) is an exchange-traded fund based on the Fidelity US Value Factor Index. The fund tracks a fundamentally selected, tier-weighted index of large-cap US stocks. FVAL was launched on September 12, 2016 and is managed by Fidelity.
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