Fidelity Value Factor ETF $FVAL Shares Acquired by High Probability Advisors LLC

High Probability Advisors LLC lifted its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 3.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 427,612 shares of the company’s stock after purchasing an additional 12,675 shares during the quarter. Fidelity Value Factor ETF accounts for approximately 4.0% of High Probability Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. High Probability Advisors LLC’s holdings in Fidelity Value Factor ETF were worth $29,450,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. IFP Advisors Inc lifted its position in Fidelity Value Factor ETF by 5.6% during the 2nd quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock worth $212,000 after acquiring an additional 176 shares during the period. Valmark Advisers Inc. raised its stake in shares of Fidelity Value Factor ETF by 0.7% in the second quarter. Valmark Advisers Inc. now owns 24,748 shares of the company’s stock worth $1,581,000 after purchasing an additional 179 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of Fidelity Value Factor ETF by 3.0% during the second quarter. J.W. Cole Advisors Inc. now owns 13,969 shares of the company’s stock worth $892,000 after purchasing an additional 402 shares during the period. NewEdge Advisors LLC boosted its position in Fidelity Value Factor ETF by 6.9% in the second quarter. NewEdge Advisors LLC now owns 7,775 shares of the company’s stock valued at $497,000 after buying an additional 501 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Fidelity Value Factor ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 165,041 shares of the company’s stock worth $9,835,000 after buying an additional 843 shares during the period.

Fidelity Value Factor ETF Trading Up 0.7%

FVAL opened at $72.70 on Tuesday. Fidelity Value Factor ETF has a 12-month low of $51.58 and a 12-month high of $72.83. The firm has a 50 day moving average of $70.60 and a two-hundred day moving average of $67.57. The firm has a market capitalization of $1.13 billion, a PE ratio of 19.06 and a beta of 0.97.

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.