42,503 Shares in Fidelity Value Factor ETF $FVAL Bought by PFG Advisors

PFG Advisors bought a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the third quarter, according to its most recent filing with the SEC. The firm bought 42,503 shares of the company’s stock, valued at approximately $2,927,000. PFG Advisors owned about 0.27% of Fidelity Value Factor ETF at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC acquired a new position in Fidelity Value Factor ETF during the 2nd quarter worth $65,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of Fidelity Value Factor ETF in the third quarter valued at about $204,000. New England Private Wealth Advisors LLC bought a new position in shares of Fidelity Value Factor ETF in the second quarter worth about $215,000. Onyx Bridge Wealth Group LLC bought a new position in shares of Fidelity Value Factor ETF in the third quarter worth about $234,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Fidelity Value Factor ETF during the 2nd quarter worth about $223,000.

Fidelity Value Factor ETF Stock Up 0.7%

Shares of NYSEARCA:FVAL opened at $72.19 on Tuesday. The business has a 50 day moving average price of $73.28 and a 200 day moving average price of $71.03. Fidelity Value Factor ETF has a twelve month low of $51.58 and a twelve month high of $74.64. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97.

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.