Arkadios Wealth Advisors Takes Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Arkadios Wealth Advisors purchased a new stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 3,635 shares of the company’s stock, valued at approximately $217,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. J.W. Cole Advisors Inc. grew its holdings in Fidelity Value Factor ETF by 68.2% during the first quarter. J.W. Cole Advisors Inc. now owns 13,567 shares of the company’s stock valued at $808,000 after purchasing an additional 5,503 shares during the last quarter. Citadel Advisors LLC grew its holdings in Fidelity Value Factor ETF by 54.9% in the 4th quarter. Citadel Advisors LLC now owns 32,525 shares of the company’s stock valued at $2,001,000 after buying an additional 11,521 shares during the last quarter. Allworth Financial LP grew its holdings in Fidelity Value Factor ETF by 2.9% in the 1st quarter. Allworth Financial LP now owns 9,544 shares of the company’s stock valued at $549,000 after buying an additional 270 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its position in Fidelity Value Factor ETF by 12.2% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 3,935 shares of the company’s stock worth $242,000 after buying an additional 427 shares during the period. Finally, AdvisorNet Financial Inc boosted its position in shares of Fidelity Value Factor ETF by 85.1% in the first quarter. AdvisorNet Financial Inc now owns 1,238 shares of the company’s stock valued at $74,000 after acquiring an additional 569 shares during the period.

Fidelity Value Factor ETF Trading Up 0.7%

Shares of FVAL stock opened at $64.82 on Thursday. The firm has a market capitalization of $982.02 million, a P/E ratio of 19.06 and a beta of 1.05. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $65.50. The firm’s fifty day simple moving average is $63.60 and its 200 day simple moving average is $61.51.

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.