8,070 Shares in Fidelity Value Factor ETF $FVAL Purchased by Midwest Financial Network LLC

Midwest Financial Network LLC acquired a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,070 shares of the company’s stock, valued at approximately $629,000.

Several other institutional investors have also modified their holdings of FVAL. High Probability Advisors LLC boosted its holdings in Fidelity Value Factor ETF by 0.5% during the 4th quarter. High Probability Advisors LLC now owns 429,924 shares of the company’s stock valued at $31,071,000 after acquiring an additional 2,312 shares during the period. Dynamic Advisor Solutions LLC increased its stake in Fidelity Value Factor ETF by 12.3% in the second quarter. Dynamic Advisor Solutions LLC now owns 331,727 shares of the company’s stock worth $25,853,000 after purchasing an additional 36,428 shares during the period. Royal Bank of Canada increased its stake in Fidelity Value Factor ETF by 0.3% in the first quarter. Royal Bank of Canada now owns 301,376 shares of the company’s stock worth $20,915,000 after purchasing an additional 757 shares during the period. Cetera Investment Advisers lifted its position in shares of Fidelity Value Factor ETF by 9.5% during the first quarter. Cetera Investment Advisers now owns 281,544 shares of the company’s stock worth $19,539,000 after purchasing an additional 24,376 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Fidelity Value Factor ETF by 0.6% during the fourth quarter. JPMorgan Chase & Co. now owns 207,602 shares of the company’s stock worth $15,003,000 after purchasing an additional 1,204 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

Fidelity Value Factor ETF stock opened at $82.83 on Thursday. The company has a market capitalization of $1.37 billion, a PE ratio of 19.06 and a beta of 0.95. The company has a 50 day moving average price of $79.11 and a 200-day moving average price of $75.49. Fidelity Value Factor ETF has a fifty-two week low of $64.38 and a fifty-two week high of $83.54.

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.