Equitable Holdings Inc. acquired a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,900 shares of the company’s stock, valued at approximately $413,982,000. Fidelity Value Factor ETF accounts for approximately 2.2% of Equitable Holdings Inc.’s investment portfolio, making the stock its 13th largest holding.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Ahrens Investment Partners LLC boosted its holdings in Fidelity Value Factor ETF by 1.4% in the 4th quarter. Ahrens Investment Partners LLC now owns 34,173 shares of the company’s stock worth $1,298,000 after buying an additional 473 shares during the period. Advisor Group Inc. raised its holdings in Fidelity Value Factor ETF by 76.7% during the 4th quarter. Advisor Group Inc. now owns 11,733 shares of the company’s stock valued at $445,000 after acquiring an additional 5,093 shares during the period. Ameritas Investment Company LLC raised its holdings in Fidelity Value Factor ETF by 17.2% during the 4th quarter. Ameritas Investment Company LLC now owns 41,726 shares of the company’s stock valued at $1,585,000 after acquiring an additional 6,120 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in Fidelity Value Factor ETF during the 4th quarter valued at $273,000. Finally, FMR LLC lifted its position in shares of Fidelity Value Factor ETF by 462.4% during the fourth quarter. FMR LLC now owns 11,832 shares of the company’s stock worth $449,000 after acquiring an additional 9,728 shares in the last quarter.
Shares of Fidelity Value Factor ETF stock traded up $0.90 during trading hours on Thursday, reaching $28.17. The company had a trading volume of 12,750 shares, compared to its average volume of 75,266. Fidelity Value Factor ETF has a one year low of $23.89 and a one year high of $39.28. The business has a fifty day simple moving average of $33.80 and a 200 day simple moving average of $35.76.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Monday, March 23rd were paid a dividend of $0.181 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.57%. This is a positive change from Fidelity Value Factor ETF’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, March 20th.
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