Fidelity Value Factor ETF $FVAL Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 61.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 234,149 shares of the company’s stock after acquiring an additional 88,931 shares during the period. Kestra Advisory Services LLC owned about 1.40% of Fidelity Value Factor ETF worth $18,910,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC boosted its position in Fidelity Value Factor ETF by 12.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 331,727 shares of the company’s stock worth $25,853,000 after purchasing an additional 36,428 shares in the last quarter. Partners Wealth Management LLC acquired a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter worth approximately $742,000. Midwest Financial Network LLC grew its stake in shares of Fidelity Value Factor ETF by 156.7% during 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. Diversify Wealth Management LLC purchased a new position in shares of Fidelity Value Factor ETF during the 1st quarter valued at approximately $899,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Fidelity Value Factor ETF during the 2nd quarter valued at approximately $519,000.

Fidelity Value Factor ETF Price Performance

NYSEARCA:FVAL opened at $80.35 on Monday. The company has a 50 day moving average price of $82.13 and a 200-day moving average price of $77.77. Fidelity Value Factor ETF has a 1-year low of $67.20 and a 1-year high of $83.71. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 19.06 and a beta of 0.96.

About Fidelity Value Factor ETF

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.