High Probability Advisors LLC Grows Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

High Probability Advisors LLC increased its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 363,818 shares of the company’s stock after buying an additional 7,859 shares during the quarter. Fidelity Value Factor ETF comprises approximately 4.0% of High Probability Advisors LLC’s holdings, making the stock its 9th largest holding. High Probability Advisors LLC owned approximately 2.61% of Fidelity Value Factor ETF worth $22,383,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity Value Factor ETF by 8.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after acquiring an additional 267 shares during the period. Cetera Investment Advisers raised its position in Fidelity Value Factor ETF by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 100,006 shares of the company’s stock worth $5,759,000 after purchasing an additional 4,892 shares during the period. Unique Wealth LLC purchased a new stake in Fidelity Value Factor ETF in the 3rd quarter worth about $1,980,000. Dynamic Advisor Solutions LLC lifted its stake in Fidelity Value Factor ETF by 3.6% in the third quarter. Dynamic Advisor Solutions LLC now owns 163,423 shares of the company’s stock worth $9,903,000 after purchasing an additional 5,735 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its position in shares of Fidelity Value Factor ETF by 28.6% during the third quarter. Atomi Financial Group Inc. now owns 8,596 shares of the company’s stock valued at $521,000 after buying an additional 1,912 shares during the period.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $64.18 on Friday. Fidelity Value Factor ETF has a fifty-two week low of $53.00 and a fifty-two week high of $64.49. The company has a market cap of $895.31 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. The business’s 50 day moving average price is $62.88 and its 200-day moving average price is $60.75.

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.