Fidelity International Value Factor ETF (NYSEARCA:FIVA) Reaches New 12-Month High – Here’s What Happened

Fidelity International Value Factor ETF (NYSEARCA:FIVA)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $40.27 and last traded at $40.25, with a volume of 12136 shares traded. The stock had previously closed at $40.02.

Fidelity International Value Factor ETF Trading Up 0.2%

The company has a market capitalization of $603.60 million, a PE ratio of 11.15 and a beta of 0.71. The company’s 50 day moving average price is $38.78 and its 200-day moving average price is $37.41.

Hedge Funds Weigh In On Fidelity International Value Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FIVA. National Bank of Canada FI acquired a new stake in shares of Fidelity International Value Factor ETF during the third quarter valued at about $56,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity International Value Factor ETF by 247.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,739 shares of the company’s stock valued at $60,000 after acquiring an additional 1,239 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Fidelity International Value Factor ETF in the 1st quarter worth about $74,000. Advisory Services Network LLC bought a new position in Fidelity International Value Factor ETF in the third quarter worth about $167,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Fidelity International Value Factor ETF in the 2nd quarter worth approximately $205,000.

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.