Fidelity Value Factor ETF $FVAL Position Boosted by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC grew its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 29.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,950 shares of the company’s stock after purchasing an additional 19,172 shares during the period. Sax Wealth Advisors LLC’s holdings in Fidelity Value Factor ETF were worth $5,782,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Twin Peaks Wealth Advisors LLC purchased a new position in Fidelity Value Factor ETF during the second quarter valued at approximately $65,000. IFP Advisors Inc boosted its stake in shares of Fidelity Value Factor ETF by 5.6% during the 2nd quarter. IFP Advisors Inc now owns 3,317 shares of the company’s stock valued at $212,000 after buying an additional 176 shares during the period. New England Private Wealth Advisors LLC purchased a new position in shares of Fidelity Value Factor ETF during the 2nd quarter valued at $215,000. Kestra Investment Management LLC acquired a new position in shares of Fidelity Value Factor ETF in the second quarter worth $223,000. Finally, Farther Finance Advisors LLC increased 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 acquiring an additional 4,065 shares during the last quarter.

Fidelity Value Factor ETF Trading Up 0.0%

FVAL opened at $72.89 on Wednesday. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97. Fidelity Value Factor ETF has a 1 year low of $51.58 and a 1 year high of $73.59. The stock has a fifty day moving average price of $71.10 and a 200 day moving average price of $68.01.

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.