Fidelity International Value Factor ETF (NYSEARCA:FIVA) Sets New 12-Month High – Should You Buy?

Fidelity International Value Factor ETF (NYSEARCA:FIVAGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $38.75 and last traded at $38.70, with a volume of 76985 shares traded. The stock had previously closed at $37.42.

Fidelity International Value Factor ETF Price Performance

The firm’s 50-day moving average price is $37.18 and its 200-day moving average price is $35.93. The company has a market cap of $566.08 million, a price-to-earnings ratio of 11.15 and a beta of 0.71.

Institutional Investors Weigh In On Fidelity International Value Factor ETF

Several large investors have recently made changes to their positions in the business. National Bank of Canada FI purchased a new position in shares of Fidelity International Value Factor ETF in the third quarter valued at $56,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity International Value Factor ETF by 247.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,739 shares of the company’s stock valued at $60,000 after purchasing an additional 1,239 shares during the period. Fifth Third Bancorp purchased a new position in shares of Fidelity International Value Factor ETF in the first quarter valued at $74,000. Advisory Services Network LLC purchased a new position in shares of Fidelity International Value Factor ETF in the third quarter valued at $167,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Fidelity International Value Factor ETF in the second quarter valued at $205,000.

Fidelity International Value Factor ETF Company Profile

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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.

Further Reading

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