Fidelity International Value Factor ETF (NYSEARCA:FIVA) Sets New 12-Month High – Time to Buy?

Fidelity International Value Factor ETF (NYSEARCA:FIVA)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $38.33 and last traded at $38.33, with a volume of 9521 shares changing hands. The stock had previously closed at $37.91.

Fidelity International Value Factor ETF Stock Performance

The stock has a market cap of $554.34 million, a P/E ratio of 11.15 and a beta of 0.71. The firm’s 50 day moving average is $36.15 and its 200 day moving average is $35.34.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in shares of Fidelity International Value Factor ETF by 15.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,616,599 shares of the company’s stock worth $55,336,000 after acquiring an additional 212,876 shares in the last quarter. Align Financial LLC bought a new position in shares of Fidelity International Value Factor ETF during the 4th quarter worth approximately $32,908,000. Summit Wealth Group LLC Co. bought a new position in shares of Fidelity International Value Factor ETF during the 4th quarter worth approximately $7,720,000. Braeburn Wealth Management LLC bought a new position in shares of Fidelity International Value Factor ETF during the 4th quarter worth approximately $7,421,000. Finally, Kestra Advisory Services LLC raised its stake in shares of Fidelity International Value Factor ETF by 213.8% during the 1st quarter. Kestra Advisory Services LLC now owns 202,048 shares of the company’s stock worth $7,033,000 after acquiring an additional 137,661 shares in the last quarter.

Fidelity International Value Factor ETF Company Profile

The Fidelity International Value Factor ETF (FIVA) is an exchange-traded fund that is based on the Fidelity International Value Factor index. The fund tracks a multi-factor index of large- and mid-cap value stocks from developed markets, ex-US. FIVA was launched on Jan 16, 2018 and is managed by Fidelity.