Royal Bank of Canada Has $6.67 Million Stock Position in Fidelity International Value Factor ETF $FIVA

Royal Bank of Canada boosted its position in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) by 9,202.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 191,532 shares of the company’s stock after buying an additional 189,473 shares during the quarter. Royal Bank of Canada’s holdings in Fidelity International Value Factor ETF were worth $6,667,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. National Bank of Canada FI bought a new position in shares of Fidelity International Value Factor ETF in the 3rd quarter valued at about $56,000. Northwestern Mutual Wealth Management Co. raised its stake 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 worth $60,000 after buying an additional 1,239 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Fidelity International Value Factor ETF during the first quarter worth approximately $74,000. Advisory Services Network LLC bought a new stake in shares of Fidelity International Value Factor ETF during the third quarter worth approximately $167,000. Finally, Raymond James Financial Inc. acquired a new position in Fidelity International Value Factor ETF in the second quarter valued at approximately $205,000.

Fidelity International Value Factor ETF Stock Performance

Shares of FIVA stock opened at $39.88 on Wednesday. The firm’s 50 day moving average price is $38.72 and its two-hundred day moving average price is $37.35. Fidelity International Value Factor ETF has a 52-week low of $30.28 and a 52-week high of $40.22. The stock has a market cap of $598.20 million, a PE ratio of 11.15 and a beta of 0.71.

About Fidelity International Value Factor ETF

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.