Fidelity Value Factor ETF $FVAL Stock Position Reduced by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lowered its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 104,010 shares of the company’s stock after selling 6,567 shares during the quarter. Sax Wealth Advisors LLC owned approximately 0.62% of Fidelity Value Factor ETF worth $8,400,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Midwest Financial Network LLC raised its holdings in shares of Fidelity Value Factor ETF by 156.7% in the 3rd quarter. Midwest Financial Network LLC now owns 20,714 shares of the company’s stock worth $1,673,000 after purchasing an additional 12,644 shares during the period. Avidian Wealth Enterprises LLC purchased a new stake in Fidelity Value Factor ETF during the 3rd quarter worth approximately $267,000. Envestnet Portfolio Solutions Inc. increased its stake in shares of Fidelity Value Factor ETF by 2.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,894 shares of the company’s stock worth $1,784,000 after buying an additional 607 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Fidelity Value Factor ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,772,697 shares of the company’s stock valued at $138,154,000 after purchasing an additional 72,480 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in Fidelity Value Factor ETF by 17.4% during the 2nd quarter. Capital Analysts LLC now owns 5,306 shares of the company’s stock worth $414,000 after buying an additional 786 shares during the last quarter.

Fidelity Value Factor ETF Trading Up 0.0%

Fidelity Value Factor ETF stock traded up $0.04 during mid-day trading on Tuesday, reaching $82.43. The company’s stock had a trading volume of 9,511 shares, compared to its average volume of 44,175. Fidelity Value Factor ETF has a twelve month low of $67.20 and a twelve month high of $83.71. The business has a 50 day moving average price of $82.32 and a 200-day moving average price of $78.76. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95.

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.