Fidelity Value Factor ETF $FVAL Position Lessened by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 48.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 213,388 shares of the company’s stock after selling 204,384 shares during the quarter. Thrivent Financial for Lutherans owned approximately 1.38% of Fidelity Value Factor ETF worth $15,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. bought a new stake in Fidelity Value Factor ETF during the fourth quarter worth approximately $39,000. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in shares of Fidelity Value Factor ETF by 709.0% in the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 542 shares of the company’s stock worth $39,000 after buying an additional 475 shares during the last quarter. Capital Investment Counsel Inc acquired a new stake in shares of Fidelity Value Factor ETF in the fourth quarter worth $161,000. Silver Oak Securities Incorporated bought a new stake in shares of Fidelity Value Factor ETF during the 4th quarter worth $202,000. Finally, Sowell Financial Services LLC bought a new stake in shares of Fidelity Value Factor ETF during the 4th quarter worth $203,000.

Fidelity Value Factor ETF Price Performance

FVAL stock opened at $77.62 on Tuesday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. The company has a 50-day moving average of $72.94 and a two-hundred day moving average of $72.52. Fidelity Value Factor ETF has a 52-week low of $60.07 and a 52-week high of $78.55.

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.