Primoris Wealth Advisors LLC Boosts Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Primoris Wealth Advisors LLC lifted its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 2.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,471 shares of the company’s stock after purchasing an additional 860 shares during the period. Fidelity Value Factor ETF comprises 1.5% of Primoris Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Primoris Wealth Advisors LLC’s holdings in Fidelity Value Factor ETF were worth $1,928,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its position in Fidelity Value Factor ETF by 10.3% during the second quarter. Commonwealth Equity Services LLC now owns 714,872 shares of the company’s stock worth $41,165,000 after buying an additional 66,816 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its position in Fidelity Value Factor ETF by 7.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 51,409 shares of the company’s stock worth $2,960,000 after purchasing an additional 3,382 shares during the last quarter. Atomi Financial Group Inc. purchased a new position in shares of Fidelity Value Factor ETF during the second quarter worth $385,000. Forbes Financial Planning Inc. boosted its holdings in Fidelity Value Factor ETF by 13.8% during the 2nd quarter. Forbes Financial Planning Inc. now owns 92,118 shares of the company’s stock valued at $5,305,000 after acquiring an additional 11,178 shares during the period. Finally, Quotient Wealth Partners LLC acquired a new position in shares of Fidelity Value Factor ETF in the second quarter valued at approximately $418,000.

Fidelity Value Factor ETF Stock Up 0.8 %

Fidelity Value Factor ETF stock traded up $0.47 during mid-day trading on Monday, reaching $59.62. 39,300 shares of the company’s stock were exchanged, compared to its average volume of 63,393. The company has a fifty day moving average of $58.17 and a 200-day moving average of $56.76. The company has a market cap of $831.70 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a twelve month low of $45.57 and a twelve month high of $59.94.

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.