PFG Advisors Has $4.34 Million Stock Position in Fidelity Value Factor ETF $FVAL

PFG Advisors raised its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 41.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 60,099 shares of the company’s stock after acquiring an additional 17,596 shares during the quarter. PFG Advisors owned approximately 0.39% of Fidelity Value Factor ETF worth $4,343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Asset Planning Inc. acquired a new position in Fidelity Value Factor ETF in the 4th quarter valued at approximately $39,000. Capital Investment Counsel Inc acquired a new stake in shares of Fidelity Value Factor ETF during the fourth quarter worth $161,000. Silver Oak Securities Incorporated acquired a new stake in shares of Fidelity Value Factor ETF during the fourth quarter worth $202,000. Sowell Financial Services LLC acquired a new stake in shares of Fidelity Value Factor ETF during the fourth quarter worth $203,000. Finally, Avidian Wealth Enterprises LLC acquired a new stake in shares of Fidelity Value Factor ETF during the third quarter worth $204,000.

Fidelity Value Factor ETF Stock Down 0.3%

FVAL opened at $74.93 on Tuesday. Fidelity Value Factor ETF has a twelve month low of $53.87 and a twelve month high of $75.26. The company has a fifty day moving average of $71.81 and a 200-day moving average of $71.62. The stock has a market cap of $1.18 billion, a PE ratio of 19.06 and a beta of 0.95.

About Fidelity Value Factor ETF

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.