Fidelity International Value Factor ETF (NYSEARCA:FIVA) Hits New 12-Month High – What’s Next?

Fidelity International Value Factor ETF (NYSEARCA:FIVA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $40.39 and last traded at $40.35, with a volume of 76599 shares. The stock had previously closed at $40.19.

Fidelity International Value Factor ETF Trading Up 0.4%

The company has a market capitalization of $605.25 million, a PE ratio of 11.15 and a beta of 0.71. The business’s fifty day moving average is $39.03 and its two-hundred day moving average is $37.57.

Institutional Investors Weigh In On Fidelity International Value Factor ETF

A number of large investors have recently made changes to their positions in FIVA. Patriot Financial Group Insurance Agency LLC grew its stake in Fidelity International Value Factor ETF by 124.7% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 39,760 shares of the company’s stock valued at $1,384,000 after acquiring an additional 22,067 shares in the last quarter. RCS Financial Planning LLC purchased a new position in shares of Fidelity International Value Factor ETF during the first quarter valued at about $715,000. Kestra Advisory Services LLC increased its holdings in shares of Fidelity International Value Factor ETF by 213.8% in the first quarter. Kestra Advisory Services LLC now owns 202,048 shares of the company’s stock worth $7,033,000 after purchasing an additional 137,661 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of Fidelity International Value Factor ETF in the first quarter worth about $6,267,000. Finally, Midwest Financial Network LLC purchased a new position in shares of Fidelity International Value Factor ETF in the first quarter valued at $578,000.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.