Vantage Financial Partners LLC Cuts Stock Position in Fidelity Value Factor ETF $FVAL

Vantage Financial Partners LLC reduced its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 16.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,423 shares of the company’s stock after selling 23,708 shares during the quarter. Fidelity Value Factor ETF makes up approximately 1.8% of Vantage Financial Partners LLC’s investment portfolio, making the stock its 13th largest position. Vantage Financial Partners LLC owned approximately 0.79% of Fidelity Value Factor ETF worth $8,431,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its holdings in Fidelity Value Factor ETF by 0.5% during the first quarter. Royal Bank of Canada now owns 165,041 shares of the company’s stock valued at $9,835,000 after buying an additional 843 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of Fidelity Value Factor ETF in the 1st quarter worth $1,656,000. Sax Wealth Advisors LLC lifted its position in shares of Fidelity Value Factor ETF by 9.4% during the second quarter. Sax Wealth Advisors LLC now owns 64,778 shares of the company’s stock valued at $4,137,000 after buying an additional 5,576 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in shares of Fidelity Value Factor ETF by 0.7% in the 2nd quarter. Valmark Advisers Inc. now owns 24,748 shares of the company’s stock valued at $1,581,000 after buying an additional 179 shares in the last quarter. Finally, IFP Advisors Inc increased its position in shares of Fidelity Value Factor ETF by 5.6% during the second quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock worth $212,000 after purchasing an additional 176 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of FVAL stock opened at $73.73 on Thursday. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $74.57. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97. The business has a fifty day moving average of $72.75 and a 200 day moving average of $69.74.

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.