Traub Capital Management LLC Takes Position in Fidelity Value Factor ETF $FVAL

Traub Capital Management LLC purchased a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the second quarter, HoldingsChannel reports. The fund purchased 18,915 shares of the company’s stock, valued at approximately $1,208,000. Fidelity Value Factor ETF comprises 1.1% of Traub Capital Management LLC’s holdings, making the stock its 19th largest holding.

A number of other hedge funds have also recently made changes to their positions in FVAL. IFP Advisors Inc raised its stake in Fidelity Value Factor ETF by 5.6% during the 2nd quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock valued at $212,000 after purchasing an additional 176 shares during the period. Valmark Advisers Inc. grew its holdings in Fidelity Value Factor ETF by 0.7% during the 2nd quarter. Valmark Advisers Inc. now owns 24,748 shares of the company’s stock valued at $1,581,000 after buying an additional 179 shares in the last quarter. Kovack Advisors Inc. raised its position in shares of Fidelity Value Factor ETF by 7.4% during the first quarter. Kovack Advisors Inc. now owns 5,531 shares of the company’s stock valued at $330,000 after buying an additional 380 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in shares of Fidelity Value Factor ETF by 4.6% during the first quarter. Thoroughbred Financial Services LLC now owns 13,028 shares of the company’s stock valued at $776,000 after buying an additional 574 shares during the last quarter. Finally, Cedar Point Capital Partners LLC lifted its holdings in shares of Fidelity Value Factor ETF by 1.3% in the first quarter. Cedar Point Capital Partners LLC now owns 52,941 shares of the company’s stock worth $3,155,000 after buying an additional 667 shares in the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $69.01 on Wednesday. The company has a market cap of $1.07 billion, a P/E ratio of 19.06 and a beta of 0.97. The firm’s fifty day moving average is $69.42 and its two-hundred day moving average is $65.81. Fidelity Value Factor ETF has a 52-week low of $51.58 and a 52-week high of $71.60.

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.