Thrivent Financial for Lutherans Has $34.91 Million Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thrivent Financial for Lutherans raised its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 575,998 shares of the company’s stock after buying an additional 19,306 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity Value Factor ETF were worth $34,905,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in shares of Fidelity Value Factor ETF during the 2nd quarter worth about $32,000. Comerica Bank boosted its holdings in shares of Fidelity Value Factor ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,182 shares of the company’s stock worth $125,000 after buying an additional 550 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Fidelity Value Factor ETF by 8.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock worth $192,000 after buying an additional 267 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Fidelity Value Factor ETF by 16.7% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock worth $236,000 after buying an additional 586 shares during the period. Finally, Kovack Advisors Inc. bought a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter worth about $287,000.

Fidelity Value Factor ETF Stock Up 0.3 %

NYSEARCA FVAL opened at $62.70 on Wednesday. The company has a market capitalization of $874.67 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 12-month low of $49.74 and a 12-month high of $63.65. The firm has a 50-day moving average price of $61.12 and a two-hundred day moving average price of $58.87.

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.