Beacon Advisors Holdings LLC Buys Shares of 191,215 Fidelity Value Factor ETF $FVAL

Beacon Advisors Holdings LLC bought a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 191,215 shares of the company’s stock, valued at approximately $13,819,000. Fidelity Value Factor ETF comprises about 7.3% of Beacon Advisors Holdings LLC’s holdings, making the stock its 2nd biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. High Probability Advisors LLC boosted its stake in shares of Fidelity Value Factor ETF by 0.5% during the fourth quarter. High Probability Advisors LLC now owns 429,924 shares of the company’s stock valued at $31,071,000 after purchasing an additional 2,312 shares during the period. MAI Capital Management increased its stake in Fidelity Value Factor ETF by 98.9% in the 3rd quarter. MAI Capital Management now owns 299,051 shares of the company’s stock worth $20,596,000 after buying an additional 148,716 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Fidelity Value Factor ETF by 61.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 290,237 shares of the company’s stock worth $20,975,000 after buying an additional 110,322 shares during the period. Cetera Investment Advisers lifted its holdings in Fidelity Value Factor ETF by 9.9% during the 4th quarter. Cetera Investment Advisers now owns 257,168 shares of the company’s stock valued at $18,586,000 after buying an additional 23,159 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Fidelity Value Factor ETF by 0.6% during the 4th quarter. JPMorgan Chase & Co. now owns 207,602 shares of the company’s stock valued at $15,003,000 after buying an additional 1,204 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Fidelity Value Factor ETF stock opened at $78.01 on Friday. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 1 year low of $61.76 and a 1 year high of $80.69. The firm has a 50-day moving average of $76.98 and a two-hundred day moving average of $73.91.

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.