Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Purchased by High Probability Advisors LLC

High Probability Advisors LLC boosted its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 3.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 377,788 shares of the company’s stock after acquiring an additional 13,970 shares during the quarter. Fidelity Value Factor ETF comprises 3.8% of High Probability Advisors LLC’s holdings, making the stock its 10th largest holding. High Probability Advisors LLC owned approximately 2.64% of Fidelity Value Factor ETF worth $22,512,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AdvisorNet Financial Inc boosted its holdings in Fidelity Value Factor ETF by 85.1% in the first quarter. AdvisorNet Financial Inc now owns 1,238 shares of the company’s stock valued at $74,000 after purchasing an additional 569 shares during the period. Capital Investment Counsel Inc acquired a new position in Fidelity Value Factor ETF in the 4th quarter valued at about $137,000. Kestra Investment Management LLC acquired a new position in Fidelity Value Factor ETF in the 4th quarter valued at about $149,000. Cullen Frost Bankers Inc. boosted its holdings in Fidelity Value Factor ETF by 153.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 2,683 shares of the company’s stock valued at $165,000 after purchasing an additional 1,625 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in Fidelity Value Factor ETF by 12.2% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 3,935 shares of the company’s stock valued at $242,000 after purchasing an additional 427 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA:FVAL opened at $62.16 on Friday. Fidelity Value Factor ETF has a 12 month low of $51.58 and a 12 month high of $65.00. The business’s 50 day simple moving average is $59.42 and its 200-day simple moving average is $61.17. The firm has a market capitalization of $935.51 million, a price-to-earnings ratio of 18.65 and a beta of 0.97.

About Fidelity Value Factor ETF

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.