Schmidt P J Investment Management Inc. Purchases New Shares in Fidelity Value Factor ETF $FVAL

Schmidt P J Investment Management Inc. acquired a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,306 shares of the company’s stock, valued at approximately $1,155,000. Schmidt P J Investment Management Inc. owned about 0.09% of Fidelity Value Factor ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Latitude Advisors LLC purchased a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter valued at about $25,000. Compass Financial Management LLC purchased a new position in Fidelity Value Factor ETF in the second quarter worth about $65,000. Lavaca Capital LLC purchased a new position in Fidelity Value Factor ETF in the first quarter worth about $66,000. Western Wealth Management LLC purchased a new position in Fidelity Value Factor ETF in the first quarter worth about $97,000. Finally, Fifth Third Bancorp grew its position in Fidelity Value Factor ETF by 5,322.0% in the first quarter. Fifth Third Bancorp now owns 2,223 shares of the company’s stock worth $154,000 after acquiring an additional 2,182 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA FVAL opened at $83.42 on Thursday. The business’s 50 day moving average is $82.22 and its two-hundred day moving average is $77.70. Fidelity Value Factor ETF has a 1-year low of $67.20 and a 1-year high of $83.71. The stock has a market capitalization of $1.39 billion, a P/E ratio of 19.06 and a beta of 0.96.

Fidelity Value Factor ETF 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.