Goodwin Investment Advisory Has $5.04 Million Stock Position in Fidelity Value Factor ETF $FVAL

Goodwin Investment Advisory increased its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 21.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,879 shares of the company’s stock after purchasing an additional 13,692 shares during the quarter. Fidelity Value Factor ETF makes up approximately 5.8% of Goodwin Investment Advisory’s investment portfolio, making the stock its 3rd biggest position. Goodwin Investment Advisory owned approximately 0.52% of Fidelity Value Factor ETF worth $5,038,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of FVAL. Farther Finance Advisors LLC raised its stake in shares of Fidelity Value Factor ETF by 4,672.4% in the second quarter. Farther Finance Advisors LLC now owns 4,152 shares of the company’s stock worth $265,000 after buying an additional 4,065 shares during the period. Atria Wealth Solutions Inc. raised its stake in Fidelity Value Factor ETF by 15.0% during the 1st quarter. Atria Wealth Solutions Inc. now owns 30,177 shares of the company’s stock worth $1,798,000 after acquiring an additional 3,933 shares during the period. Schmidt P J Investment Management Inc. lifted its holdings in Fidelity Value Factor ETF by 185.0% during the second quarter. Schmidt P J Investment Management Inc. now owns 13,335 shares of the company’s stock valued at $852,000 after purchasing an additional 8,656 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Fidelity Value Factor ETF by 6.5% in the second quarter. Rockefeller Capital Management L.P. now owns 26,785 shares of the company’s stock worth $1,711,000 after purchasing an additional 1,628 shares during the period. Finally, High Probability Advisors LLC boosted its position in shares of Fidelity Value Factor ETF by 9.8% in the second quarter. High Probability Advisors LLC now owns 414,937 shares of the company’s stock worth $26,502,000 after purchasing an additional 37,149 shares during the period.

Fidelity Value Factor ETF Price Performance

Shares of FVAL stock opened at $71.77 on Monday. Fidelity Value Factor ETF has a one year low of $51.58 and a one year high of $71.97. The company’s fifty day moving average price is $69.93 and its 200-day moving average price is $66.73. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97.

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.