World Investment Advisors Takes $504,000 Position in Fidelity Value Factor ETF $FVAL

World Investment Advisors purchased a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,969 shares of the company’s stock, valued at approximately $504,000.

A number of other large investors also recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in Fidelity Value Factor ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 165,041 shares of the company’s stock valued at $9,835,000 after purchasing an additional 843 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $1,656,000. NewEdge Advisors LLC lifted its position in shares of Fidelity Value Factor ETF by 6.9% during the 2nd quarter. NewEdge Advisors LLC now owns 7,775 shares of the company’s stock valued at $497,000 after buying an additional 501 shares in the last quarter. Quantinno Capital Management LP purchased a new position in shares of Fidelity Value Factor ETF during the 2nd quarter valued at approximately $340,000. Finally, Darwin Wealth Management LLC acquired a new stake in Fidelity Value Factor ETF in the 2nd quarter valued at $1,074,000.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $77.15 on Wednesday. The firm has a market cap of $1.23 billion, a PE ratio of 19.06 and a beta of 0.95. The firm has a fifty day moving average of $77.32 and a 200 day moving average of $74.05. Fidelity Value Factor ETF has a one year low of $62.70 and a one year high of $80.69.

Fidelity Value Factor ETF 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.