Fidelity Value Factor ETF $FVAL Shares Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lifted its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 29.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,950 shares of the company’s stock after buying an additional 19,172 shares during the period. Sax Wealth Advisors LLC owned approximately 0.55% of Fidelity Value Factor ETF worth $5,782,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its position in Fidelity Value Factor ETF by 4,672.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,152 shares of the company’s stock worth $265,000 after acquiring an additional 4,065 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of Fidelity Value Factor ETF during the second quarter valued at $1,148,000. Schmidt P J Investment Management Inc. raised its stake in shares of Fidelity Value Factor ETF by 185.0% during the second quarter. Schmidt P J Investment Management Inc. now owns 13,335 shares of the company’s stock valued at $852,000 after purchasing an additional 8,656 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in Fidelity Value Factor ETF by 6.5% in the second quarter. Rockefeller Capital Management L.P. now owns 26,785 shares of the company’s stock worth $1,711,000 after purchasing an additional 1,628 shares during the period. Finally, High Probability Advisors LLC grew its position in Fidelity Value Factor ETF by 9.8% in the 2nd quarter. High Probability Advisors LLC now owns 414,937 shares of the company’s stock valued at $26,502,000 after buying an additional 37,149 shares in the last quarter.

Fidelity Value Factor ETF Trading Up 0.0%

FVAL stock opened at $72.89 on Wednesday. The firm’s 50-day moving average is $71.10 and its two-hundred day moving average is $68.01. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97. Fidelity Value Factor ETF has a 52 week low of $51.58 and a 52 week high of $73.59.

Fidelity Value Factor ETF Company 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.