PUREfi Wealth LLC Buys Shares of 5,331 Fidelity Value Factor ETF (NYSEARCA:FVAL)

PUREfi Wealth LLC bought a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,331 shares of the company’s stock, valued at approximately $328,000.

Several other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Fidelity Value Factor ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after purchasing an additional 65,719 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Fidelity Value Factor ETF by 25.5% in the third quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock valued at $54,376,000 after purchasing an additional 182,423 shares in the last quarter. FMR LLC grew its position in shares of Fidelity Value Factor ETF by 3.2% in the third quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after purchasing an additional 26,275 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of Fidelity Value Factor ETF by 3.5% in the third quarter. Thrivent Financial for Lutherans now owns 575,998 shares of the company’s stock valued at $34,905,000 after purchasing an additional 19,306 shares in the last quarter. Finally, High Probability Advisors LLC grew its position in shares of Fidelity Value Factor ETF by 2.2% in the fourth quarter. High Probability Advisors LLC now owns 363,818 shares of the company’s stock valued at $22,383,000 after purchasing an additional 7,859 shares in the last quarter.

Fidelity Value Factor ETF Stock Up 0.2 %

Fidelity Value Factor ETF stock opened at $64.22 on Friday. Fidelity Value Factor ETF has a 52 week low of $53.89 and a 52 week high of $64.49. The business has a 50-day simple moving average of $62.91 and a 200 day simple moving average of $61.32. The stock has a market cap of $895.87 million, a price-to-earnings ratio of 15.28 and a beta of 0.93.

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.