Summit Wealth Group LLC Co. Invests $7.72 Million in Fidelity International Value Factor ETF $FIVA

Summit Wealth Group LLC Co. purchased a new position in shares of Fidelity International Value Factor ETF (NYSEARCA:FIVA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 225,540 shares of the company’s stock, valued at approximately $7,720,000. Fidelity International Value Factor ETF makes up approximately 1.0% of Summit Wealth Group LLC Co.’s portfolio, making the stock its 16th biggest position. Summit Wealth Group LLC Co. owned 1.80% of Fidelity International Value Factor ETF at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Cadent Capital Advisors LLC boosted its stake in shares of Fidelity International Value Factor ETF by 0.4% during the 4th quarter. Cadent Capital Advisors LLC now owns 69,162 shares of the company’s stock worth $2,367,000 after acquiring an additional 300 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity International Value Factor ETF by 1.6% during the 2nd quarter. Bank of America Corp DE now owns 26,382 shares of the company’s stock worth $774,000 after acquiring an additional 411 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fidelity International Value Factor ETF by 32.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,019 shares of the company’s stock worth $147,000 after acquiring an additional 1,231 shares in the last quarter. OmniStar Financial Group Inc. boosted its stake in shares of Fidelity International Value Factor ETF by 4.0% during the 3rd quarter. OmniStar Financial Group Inc. now owns 36,923 shares of the company’s stock worth $1,155,000 after acquiring an additional 1,433 shares in the last quarter. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of Fidelity International Value Factor ETF during the 3rd quarter worth approximately $48,000.

Fidelity International Value Factor ETF Price Performance

Shares of NYSEARCA:FIVA opened at $37.39 on Wednesday. Fidelity International Value Factor ETF has a 12 month low of $28.01 and a 12 month high of $38.29. The firm has a market capitalization of $542.16 million, a price-to-earnings ratio of 11.15 and a beta of 0.71. The business’s 50 day simple moving average is $35.86 and its 200-day simple moving average is $34.97.

About Fidelity International Value Factor ETF

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.