Thrivent Financial for Lutherans Has $15.54 Million Stake in Fidelity Value Factor ETF $FVAL

Thrivent Financial for Lutherans lessened its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 48.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 213,388 shares of the company’s stock after selling 204,384 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity Value Factor ETF were worth $15,537,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. MAI Capital Management boosted its position in Fidelity Value Factor ETF by 98.9% in the third quarter. MAI Capital Management now owns 299,051 shares of the company’s stock valued at $20,596,000 after buying an additional 148,716 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Fidelity Value Factor ETF by 61.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 290,237 shares of the company’s stock valued at $20,975,000 after acquiring an additional 110,322 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Fidelity Value Factor ETF by 5.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,476,362 shares of the company’s stock valued at $101,677,000 after acquiring an additional 78,311 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Fidelity Value Factor ETF by 30.3% in the 3rd quarter. Bank of America Corp DE now owns 183,623 shares of the company’s stock worth $12,646,000 after acquiring an additional 42,691 shares in the last quarter. Finally, PFG Advisors bought a new stake in Fidelity Value Factor ETF during the 3rd quarter worth approximately $2,927,000.

Fidelity Value Factor ETF Stock Performance

Fidelity Value Factor ETF stock opened at $77.62 on Tuesday. The business’s fifty day moving average is $72.94 and its two-hundred day moving average is $72.52. The firm has a market cap of $1.24 billion, a P/E ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 52 week low of $60.07 and a 52 week high of $78.55.

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.