Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Purchased by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC increased its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,274 shares of the company’s stock after purchasing an additional 787 shares during the quarter. Fidelity Value Factor ETF accounts for approximately 2.2% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 16th largest holding. Cedar Point Capital Partners LLC owned 0.37% of Fidelity Value Factor ETF worth $3,216,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC increased its position in shares of Fidelity Value Factor ETF by 3.2% during the third quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after purchasing an additional 26,275 shares in the last quarter. Private Advisor Group LLC increased its position in shares of Fidelity Value Factor ETF by 19.3% during the third quarter. Private Advisor Group LLC now owns 7,284 shares of the company’s stock worth $441,000 after purchasing an additional 1,177 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Fidelity Value Factor ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock worth $55,468,000 after purchasing an additional 65,719 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Fidelity Value Factor ETF by 22.3% during the third quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock worth $276,000 after purchasing an additional 831 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of Fidelity Value Factor ETF by 3.6% during the third quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock worth $1,389,000 after purchasing an additional 796 shares in the last quarter.

Fidelity Value Factor ETF Stock Up 0.3 %

Shares of Fidelity Value Factor ETF stock opened at $63.71 on Thursday. Fidelity Value Factor ETF has a 52 week low of $53.00 and a 52 week high of $64.49. The business’s fifty day simple moving average is $62.88 and its 200-day simple moving average is $60.75. The firm has a market cap of $888.75 million, a PE ratio of 15.28 and a beta of 0.93.

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.