PFG Advisors Sells 2,987 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

PFG Advisors lowered its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 6.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,791 shares of the company’s stock after selling 2,987 shares during the quarter. PFG Advisors owned 0.32% of Fidelity Value Factor ETF worth $2,756,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Ameritas Advisory Services LLC grew its holdings in Fidelity Value Factor ETF by 2.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 10,368 shares of the company’s stock worth $638,000 after buying an additional 240 shares in the last quarter. Atomi Financial Group Inc. grew its holdings in Fidelity Value Factor ETF by 3.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,901 shares of the company’s stock worth $548,000 after buying an additional 305 shares in the last quarter. Kovack Advisors Inc. grew its holdings in Fidelity Value Factor ETF by 8.9% during the fourth quarter. Kovack Advisors Inc. now owns 5,151 shares of the company’s stock worth $317,000 after buying an additional 420 shares in the last quarter. Spectrum Investment Advisors Inc. grew its holdings in Fidelity Value Factor ETF by 4.2% during the fourth quarter. Spectrum Investment Advisors Inc. now owns 13,923 shares of the company’s stock worth $857,000 after buying an additional 559 shares in the last quarter. Finally, Sigma Planning Corp grew its holdings in Fidelity Value Factor ETF by 3.5% during the third quarter. Sigma Planning Corp now owns 20,438 shares of the company’s stock worth $1,239,000 after buying an additional 691 shares in the last quarter.

Fidelity Value Factor ETF Trading Up 0.2 %

Shares of Fidelity Value Factor ETF stock opened at $59.56 on Thursday. The stock has a fifty day simple moving average of $62.81 and a 200 day simple moving average of $61.95. Fidelity Value Factor ETF has a 12-month low of $54.46 and a 12-month high of $65.00. The company has a market capitalization of $961.89 million, a P/E ratio of 19.70 and a beta of 1.03.

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.