Dynamic Advisor Solutions LLC Acquires 36,428 Shares of Fidelity Value Factor ETF $FVAL

Dynamic Advisor Solutions LLC grew its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 12.3% during the second quarter, Holdings Channel reports. The firm owned 331,727 shares of the company’s stock after acquiring an additional 36,428 shares during the quarter. Fidelity Value Factor ETF comprises about 0.7% of Dynamic Advisor Solutions LLC’s holdings, making the stock its 26th largest position. Dynamic Advisor Solutions LLC’s holdings in Fidelity Value Factor ETF were worth $25,853,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FVAL. Greenline Wealth Management LLC acquired a new stake in Fidelity Value Factor ETF during the fourth quarter worth approximately $32,000. Wells Fargo & Company MN lifted its stake in Fidelity Value Factor ETF by 516.4% in the fourth quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock valued at $33,000 after buying an additional 377 shares during the period. Harbor Asset Planning Inc. acquired a new position in Fidelity Value Factor ETF in the fourth quarter valued at approximately $39,000. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in 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 valued at $39,000 after buying an additional 475 shares during the period. Finally, Lavaca Capital LLC bought a new position in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $66,000.

Fidelity Value Factor ETF Price Performance

Shares of FVAL stock opened at $82.83 on Thursday. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 52 week low of $64.38 and a 52 week high of $83.54. The firm has a 50 day moving average of $79.11 and a 200-day moving average of $75.49.

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.