Beacon Advisors Holdings LLC Takes Position in Fidelity Value Factor ETF $FVAL

Beacon Advisors Holdings LLC bought a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 191,215 shares of the company’s stock, valued at approximately $13,819,000. Fidelity Value Factor ETF comprises about 7.3% of Beacon Advisors Holdings LLC’s investment portfolio, making the stock its 2nd biggest holding. Beacon Advisors Holdings LLC owned about 1.23% of Fidelity Value Factor ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Greenline Wealth Management LLC bought a new position in Fidelity Value Factor ETF during the fourth quarter valued at approximately $32,000. Wells Fargo & Company MN increased its stake in Fidelity Value Factor ETF by 516.4% in the 4th quarter. Wells Fargo & Company MN now owns 450 shares of the company’s stock worth $33,000 after acquiring an additional 377 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in Fidelity Value Factor ETF in the 4th quarter worth approximately $39,000. Woodard & Co. Asset Management Group Inc. ADV increased its stake in Fidelity Value Factor ETF by 709.0% in the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 542 shares of the company’s stock worth $39,000 after acquiring an additional 475 shares during the last quarter. Finally, Capital Analysts LLC purchased a new stake in shares of Fidelity Value Factor ETF during the 4th quarter worth approximately $108,000.

Fidelity Value Factor ETF Stock Performance

NYSEARCA FVAL opened at $78.01 on Friday. The company has a market capitalization of $1.25 billion, a P/E ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a one year low of $61.76 and a one year high of $80.69. The stock has a 50 day moving average price of $76.98 and a 200-day moving average price of $73.91.

About Fidelity Value Factor ETF

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.