Fidelity International Value Factor ETF (NYSEARCA:FIVA) Sets New 52-Week High – What’s Next?

Fidelity International Value Factor ETF (NYSEARCA:FIVA) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $39.74 and last traded at $39.60, with a volume of 6504 shares changing hands. The stock had previously closed at $39.48.

Fidelity International Value Factor ETF Stock Up 0.6%

The company has a 50-day moving average of $38.51 and a 200 day moving average of $37.17. The stock has a market capitalization of $595.80 million, a PE ratio of 11.15 and a beta of 0.71.

Institutional Investors Weigh In On Fidelity International Value Factor ETF

Several large investors have recently added to or reduced their stakes in FIVA. Align Financial LLC acquired a new position in shares of Fidelity International Value Factor ETF during the 4th quarter worth about $32,908,000. Summit Wealth Group LLC Co. acquired a new stake in shares of Fidelity International Value Factor ETF in the fourth quarter valued at approximately $7,720,000. Braeburn Wealth Management LLC purchased a new position in shares of Fidelity International Value Factor ETF during the fourth quarter worth about $7,421,000. Commonwealth Equity Services LLC increased its position in Fidelity International Value Factor ETF by 15.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,616,599 shares of the company’s stock valued at $55,336,000 after acquiring an additional 212,876 shares during the period. Finally, Royal Bank of Canada lifted its position in Fidelity International Value Factor ETF by 9,202.2% during the 1st quarter. Royal Bank of Canada now owns 191,532 shares of the company’s stock worth $6,667,000 after acquiring an additional 189,473 shares during the period.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.