Fidelity International Value Factor ETF (NYSEARCA:FIVA) Reaches New 12-Month High – Still a Buy?

Fidelity International Value Factor ETF (NYSEARCA:FIVAGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $38.75 and last traded at $38.70, with a volume of 76985 shares trading hands. The stock had previously closed at $37.42.

Fidelity International Value Factor ETF Stock Up 3.4%

The stock has a market cap of $561.01 million, a P/E ratio of 11.15 and a beta of 0.71. The firm’s 50-day moving average is $37.03 and its two-hundred day moving average is $35.86.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Midwest Financial Network LLC acquired a new stake in Fidelity International Value Factor ETF in the 1st quarter worth $578,000. Bank of America Corp DE lifted its position in shares of Fidelity International Value Factor ETF by 13.2% in the 1st quarter. Bank of America Corp DE now owns 55,766 shares of the company’s stock worth $1,941,000 after acquiring an additional 6,485 shares during the period. Arkadios Wealth Advisors raised its stake in shares of Fidelity International Value Factor ETF by 7.3% in the 1st quarter. Arkadios Wealth Advisors now owns 18,989 shares of the company’s stock valued at $661,000 after buying an additional 1,287 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Fidelity International Value Factor ETF by 9,202.2% in the 1st quarter. Royal Bank of Canada now owns 191,532 shares of the company’s stock valued at $6,667,000 after buying an additional 189,473 shares in the last quarter. Finally, Sei Investments Co. bought a new stake in shares of Fidelity International Value Factor ETF in the 1st quarter valued at approximately $1,337,000.

Fidelity International Value Factor ETF Company Profile

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The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.

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