Patriot Financial Group Insurance Agency LLC Increases Stock Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Patriot Financial Group Insurance Agency LLC boosted its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 6.2% during the 4th quarter, Holdings Channel reports. The firm owned 45,900 shares of the company’s stock after buying an additional 2,681 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity Value Factor ETF were worth $2,433,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FVAL. Cambridge Investment Research Advisors Inc. raised its position in shares of Fidelity Value Factor ETF by 15.8% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 69,990 shares of the company’s stock valued at $3,349,000 after buying an additional 9,533 shares in the last quarter. Samalin Investment Counsel LLC raised its position in shares of Fidelity Value Factor ETF by 69.8% during the 3rd quarter. Samalin Investment Counsel LLC now owns 21,166 shares of the company’s stock valued at $1,013,000 after buying an additional 8,698 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Fidelity Value Factor ETF by 18.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 661,351 shares of the company’s stock valued at $31,646,000 after buying an additional 101,945 shares in the last quarter. IFP Advisors Inc raised its position in shares of Fidelity Value Factor ETF by 100.5% during the 3rd quarter. IFP Advisors Inc now owns 1,273 shares of the company’s stock valued at $61,000 after buying an additional 638 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter valued at about $709,000.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA FVAL traded up $0.19 during mid-day trading on Friday, hitting $57.05. 47,017 shares of the company’s stock traded hands, compared to its average volume of 79,495. The company’s 50-day moving average is $54.86 and its two-hundred day moving average is $51.64. The company has a market capitalization of $590.47 million, a P/E ratio of 13.58 and a beta of 1.05. Fidelity Value Factor ETF has a 1 year low of $44.70 and a 1 year high of $57.08.

Fidelity Value Factor ETF Company 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.