Midwest Financial Network LLC Invests $578,000 in Fidelity International Value Factor ETF $FIVA

Midwest Financial Network LLC bought a new stake in Fidelity International Value Factor ETF (NYSEARCA:FIVA) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 16,607 shares of the company’s stock, valued at approximately $578,000. Midwest Financial Network LLC owned 0.11% of Fidelity International Value Factor ETF at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. National Bank of Canada FI acquired a new position in Fidelity International Value Factor ETF during the 3rd quarter worth approximately $56,000. Northwestern Mutual Wealth Management Co. grew its stake in 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 acquiring an additional 1,239 shares during the period. Fifth Third Bancorp acquired a new stake in Fidelity International Value Factor ETF in the first quarter valued at approximately $74,000. Advisory Services Network LLC acquired a new stake in Fidelity International Value Factor ETF in the third quarter valued at approximately $167,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Fidelity International Value Factor ETF during the second quarter valued at approximately $205,000.

Fidelity International Value Factor ETF Stock Down 0.5%

Shares of NYSEARCA:FIVA opened at $39.10 on Friday. Fidelity International Value Factor ETF has a twelve month low of $28.83 and a twelve month high of $39.61. The stock’s 50 day moving average is $38.47 and its 200-day moving average is $37.13. The firm has a market capitalization of $586.50 million, a price-to-earnings ratio of 11.15 and a beta of 0.71.

About Fidelity International Value Factor ETF

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.