Jones Financial Companies Lllp Purchases 8,331 Shares of Fidelity Value Factor ETF $FVAL

Jones Financial Companies Lllp grew its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 31.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,466 shares of the company’s stock after buying an additional 8,331 shares during the quarter. Jones Financial Companies Lllp’s holdings in Fidelity Value Factor ETF were worth $2,367,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Fidelity Value Factor ETF during the 2nd quarter worth approximately $65,000. Avidian Wealth Enterprises LLC purchased a new stake in Fidelity Value Factor ETF in the third quarter worth $204,000. IFP Advisors Inc lifted its position in shares of Fidelity Value Factor ETF by 5.6% during the second quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock worth $212,000 after purchasing an additional 176 shares during the last quarter. New England Private Wealth Advisors LLC bought a new stake in shares of Fidelity Value Factor ETF during the second quarter worth $215,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of Fidelity Value Factor ETF during the second quarter valued at $223,000.

Fidelity Value Factor ETF Trading Up 1.6%

NYSEARCA FVAL opened at $74.00 on Monday. The stock has a market cap of $1.15 billion, a PE ratio of 19.06 and a beta of 0.97. Fidelity Value Factor ETF has a 12 month low of $51.58 and a 12 month high of $74.57. The company’s 50-day moving average price is $72.85 and its 200-day moving average price is $69.89.

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.