PUREfi Wealth LLC Makes New $328,000 Investment in Fidelity Value Factor ETF (NYSEARCA:FVAL)

PUREfi Wealth LLC bought a new position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,331 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Fidelity Value Factor ETF by 1.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,477 shares of the company’s stock worth $696,000 after acquiring an additional 188 shares during the period. Ameritas Advisory Services LLC grew its holdings in shares of Fidelity Value Factor ETF by 2.4% during the 4th quarter. Ameritas Advisory Services LLC now owns 10,368 shares of the company’s stock worth $638,000 after acquiring an additional 240 shares during the period. Atomi Financial Group Inc. grew its holdings in shares of Fidelity Value Factor ETF by 3.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,901 shares of the company’s stock worth $548,000 after acquiring an additional 305 shares during the period. Spectrum Investment Advisors Inc. grew its holdings in shares of Fidelity Value Factor ETF by 4.2% during the 4th quarter. Spectrum Investment Advisors Inc. now owns 13,923 shares of the company’s stock worth $857,000 after acquiring an additional 559 shares during the period. Finally, Clarity Capital Partners LLC grew its stake in shares of Fidelity Value Factor ETF by 6.5% in the 3rd quarter. Clarity Capital Partners LLC now owns 10,634 shares of the company’s stock worth $644,000 after buying an additional 652 shares during the last quarter.

Fidelity Value Factor ETF Stock Up 0.2 %

Fidelity Value Factor ETF stock opened at $64.22 on Friday. The company has a market capitalization of $895.87 million, a P/E ratio of 15.28 and a beta of 0.93. The stock’s 50 day moving average is $62.91 and its 200 day moving average is $61.32. Fidelity Value Factor ETF has a twelve month low of $53.89 and a twelve month high of $64.49.

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.