Unique Wealth LLC Grows Stock Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Unique Wealth LLC lifted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 62.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,217 shares of the company’s stock after acquiring an additional 20,542 shares during the quarter. Unique Wealth LLC owned 0.38% of Fidelity Value Factor ETF worth $3,274,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FVAL. Wealth Enhancement Advisory Services LLC raised its stake in Fidelity Value Factor ETF by 1.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,477 shares of the company’s stock valued at $696,000 after buying an additional 188 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Value Factor ETF by 8.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after purchasing an additional 267 shares during the last quarter. PFG Advisors boosted its stake in Fidelity Value Factor ETF by 1.2% in the 3rd quarter. PFG Advisors now owns 47,778 shares of the company’s stock worth $2,895,000 after purchasing an additional 575 shares in the last quarter. Spectrum Investment Advisors Inc. grew its position in Fidelity Value Factor ETF by 4.5% during the 3rd quarter. Spectrum Investment Advisors Inc. now owns 13,364 shares of the company’s stock worth $810,000 after purchasing an additional 576 shares during the last quarter. Finally, Clarity Capital Partners LLC increased its stake in Fidelity Value Factor ETF by 6.5% during the 3rd quarter. Clarity Capital Partners LLC now owns 10,634 shares of the company’s stock valued at $644,000 after purchasing an additional 652 shares in the last quarter.

Fidelity Value Factor ETF Trading Up 0.3 %

NYSEARCA:FVAL opened at $61.49 on Tuesday. The firm has a fifty day simple moving average of $62.88 and a 200-day simple moving average of $60.50. Fidelity Value Factor ETF has a 12 month low of $51.95 and a 12 month high of $64.49. The company has a market capitalization of $857.79 million, a P/E 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.