Fidelity Value Factor ETF (NYSEARCA:FVAL) Position Trimmed by Sigma Planning Corp

Sigma Planning Corp decreased its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 42.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,550 shares of the company’s stock after selling 6,265 shares during the period. Sigma Planning Corp owned about 0.08% of Fidelity Value Factor ETF worth $453,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FVAL. IFP Advisors Inc boosted its position in Fidelity Value Factor ETF by 100.5% during the third quarter. IFP Advisors Inc now owns 1,273 shares of the company’s stock valued at $61,000 after purchasing an additional 638 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Fidelity Value Factor ETF by 5.1% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 43,219 shares of the company’s stock valued at $2,068,000 after buying an additional 2,108 shares during the last quarter. Custos Family Office LLC bought a new stake in shares of Fidelity Value Factor ETF in the 3rd quarter valued at approximately $9,238,000. Cambridge Investment Research Advisors Inc. increased its holdings in Fidelity Value Factor ETF by 15.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 69,990 shares of the company’s stock worth $3,349,000 after buying an additional 9,533 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. bought a new position in Fidelity Value Factor ETF during the third quarter valued at approximately $468,000.

Fidelity Value Factor ETF Stock Down 1.0 %

NYSEARCA FVAL opened at $55.16 on Friday. The stock has a market capitalization of $766.72 million, a PE ratio of 14.88 and a beta of 0.94. Fidelity Value Factor ETF has a 12-month low of $44.96 and a 12-month high of $57.22. The company has a 50 day moving average price of $55.55 and a two-hundred day moving average price of $52.58.

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.