225,540 Shares in Fidelity International Value Factor ETF $FIVA Acquired by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. acquired a new position in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) in the 4th quarter, Holdings Channel.com reports. The fund acquired 225,540 shares of the company’s stock, valued at approximately $7,720,000. Fidelity International Value Factor ETF accounts for about 1.0% of Summit Wealth Group LLC Co.’s holdings, making the stock its 16th biggest holding.

Several other institutional investors have also recently modified their holdings of FIVA. Cornerstone Planning Group LLC acquired a new position in shares of Fidelity International Value Factor ETF during the 3rd quarter worth approximately $48,000. National Bank of Canada FI acquired a new position in shares of Fidelity International Value Factor ETF during the 3rd quarter worth approximately $56,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity International Value Factor ETF by 32.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,019 shares of the company’s stock worth $147,000 after purchasing an additional 1,231 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Fidelity International Value Factor ETF during the 3rd quarter worth approximately $167,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Fidelity International Value Factor ETF during the 2nd quarter worth approximately $205,000.

Fidelity International Value Factor ETF Price Performance

Shares of Fidelity International Value Factor ETF stock opened at $37.39 on Wednesday. The business has a 50 day moving average price of $35.86 and a 200 day moving average price of $34.97. The company has a market capitalization of $542.16 million, a P/E ratio of 11.15 and a beta of 0.71. Fidelity International Value Factor ETF has a 1 year low of $28.01 and a 1 year high of $38.29.

Fidelity International Value Factor ETF Company Profile

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.