IFP Advisors Inc Has $212,000 Holdings in Fidelity Value Factor ETF $FVAL

IFP Advisors Inc raised its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 5.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,317 shares of the company’s stock after acquiring an additional 176 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity Value Factor ETF were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $51,000. Assetmark Inc. grew its position in shares of Fidelity Value Factor ETF by 29.6% during the 1st quarter. Assetmark Inc. now owns 3,561 shares of the company’s stock worth $212,000 after buying an additional 814 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $217,000. Farther Finance Advisors LLC grew its position in shares of Fidelity Value Factor ETF by 4,672.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,152 shares of the company’s stock worth $265,000 after buying an additional 4,065 shares during the period. Finally, Axxcess Wealth Management LLC acquired a new stake in shares of Fidelity Value Factor ETF during the 1st quarter worth approximately $252,000.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA:FVAL opened at $68.70 on Friday. Fidelity Value Factor ETF has a one year low of $51.58 and a one year high of $69.76. The company has a 50 day moving average of $67.95 and a 200-day moving average of $63.53. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 19.06 and a beta of 1.05.

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.