Fidelity International Value Factor ETF (NYSEARCA:FIVA) Reaches New 12-Month High – Still a Buy?

Fidelity International Value Factor ETF (NYSEARCA:FIVA) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $40.39 and last traded at $40.35, with a volume of 76599 shares. The stock had previously closed at $40.19.

Fidelity International Value Factor ETF Stock Performance

The firm has a market cap of $605.25 million, a PE ratio of 11.15 and a beta of 0.71. The stock’s 50 day simple moving average is $39.03 and its 200 day simple moving average is $37.57.

Institutional Trading of Fidelity International Value Factor ETF

Several large investors have recently bought and sold shares of the company. National Bank of Canada FI purchased a new position in Fidelity International Value Factor ETF during the 3rd quarter valued at about $56,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity International Value Factor ETF by 247.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,739 shares of the company’s stock valued at $60,000 after purchasing an additional 1,239 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Fidelity International Value Factor ETF in the 1st quarter worth approximately $74,000. Advisory Services Network LLC bought a new position in Fidelity International Value Factor ETF during the 3rd quarter valued at approximately $167,000. Finally, Raymond James Financial Inc. bought a new position in Fidelity International Value Factor ETF during the 2nd quarter valued at approximately $205,000.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.