Valmark Advisers Inc. Purchases 179 Shares of Fidelity Value Factor ETF $FVAL

Valmark Advisers Inc. lifted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,748 shares of the company’s stock after acquiring an additional 179 shares during the quarter. Valmark Advisers Inc.’s holdings in Fidelity Value Factor ETF were worth $1,581,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in FVAL. High Probability Advisors LLC raised its holdings in shares of Fidelity Value Factor ETF by 3.8% in the first quarter. High Probability Advisors LLC now owns 377,788 shares of the company’s stock valued at $22,512,000 after acquiring an additional 13,970 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of Fidelity Value Factor ETF by 8.2% in the first quarter. Dynamic Advisor Solutions LLC now owns 173,901 shares of the company’s stock valued at $10,363,000 after acquiring an additional 13,150 shares in the last quarter. Bouvel Investment Partners LLC raised its holdings in shares of Fidelity Value Factor ETF by 4.1% in the first quarter. Bouvel Investment Partners LLC now owns 50,132 shares of the company’s stock valued at $3,038,000 after acquiring an additional 1,990 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Fidelity Value Factor ETF by 17.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 26,056 shares of the company’s stock valued at $1,553,000 after acquiring an additional 3,827 shares in the last quarter. Finally, Primoris Wealth Advisors LLC raised its holdings in shares of Fidelity Value Factor ETF by 2.4% in the first quarter. Primoris Wealth Advisors LLC now owns 32,467 shares of the company’s stock valued at $1,935,000 after acquiring an additional 776 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

FVAL stock opened at $69.47 on Thursday. The business has a 50-day moving average price of $67.41 and a 200 day moving average price of $63.13. The company has a market capitalization of $1.07 billion, a P/E ratio of 19.06 and a beta of 1.05. Fidelity Value Factor ETF has a 1-year low of $51.58 and a 1-year high of $69.76.

Fidelity Value Factor ETF 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.