9,193 Shares in Fidelity Value Factor ETF $FVAL Purchased by Partners Wealth Management LLC

Partners Wealth Management LLC purchased a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,193 shares of the company’s stock, valued at approximately $742,000.

Several other hedge funds also recently added to or reduced their stakes in FVAL. Latitude Advisors LLC acquired a new stake in Fidelity Value Factor ETF during the third quarter worth approximately $25,000. Compass Financial Management LLC purchased a new stake in shares of Fidelity Value Factor ETF during the 2nd quarter worth approximately $65,000. Lavaca Capital LLC purchased a new stake in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $66,000. Western Wealth Management LLC acquired a new position in shares of Fidelity Value Factor ETF in the 1st quarter valued at $97,000. Finally, Fifth Third Bancorp boosted its holdings in shares of Fidelity Value Factor ETF by 5,322.0% in the 1st quarter. Fifth Third Bancorp now owns 2,223 shares of the company’s stock valued at $154,000 after buying an additional 2,182 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

NYSEARCA FVAL opened at $81.99 on Friday. The firm’s fifty day moving average price is $82.23 and its 200 day moving average price is $77.56. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 12 month low of $67.20 and a 12 month high of $83.71.

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.