Quotient Wealth Partners LLC Acquires 7,208 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Quotient Wealth Partners LLC raised its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 76.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 16,599 shares of the company’s stock after buying an additional 7,208 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Fidelity Value Factor ETF were worth $1,021,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. FMR LLC lifted its stake in shares of Fidelity Value Factor ETF by 3.2% in the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after purchasing an additional 26,275 shares during the period. Private Advisor Group LLC lifted its stake in shares of Fidelity Value Factor ETF by 19.3% in the 3rd quarter. Private Advisor Group LLC now owns 7,284 shares of the company’s stock valued at $441,000 after purchasing an additional 1,177 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Value Factor ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after purchasing an additional 65,719 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of Fidelity Value Factor ETF by 22.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock valued at $276,000 after purchasing an additional 831 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Fidelity Value Factor ETF by 3.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock valued at $1,389,000 after purchasing an additional 796 shares during the period.

Fidelity Value Factor ETF Trading Down 0.6 %

Shares of NYSEARCA:FVAL opened at $63.10 on Friday. The stock has a fifty day simple moving average of $62.96 and a two-hundred day simple moving average of $61.13. The stock has a market capitalization of $880.25 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 12-month low of $53.27 and a 12-month high of $64.49.

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.