Vantage Financial Partners LLC Acquires 78,511 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Vantage Financial Partners LLC increased its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 116.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,079 shares of the company’s stock after buying an additional 78,511 shares during the period. Fidelity Value Factor ETF accounts for about 2.2% of Vantage Financial Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Vantage Financial Partners LLC owned approximately 0.96% of Fidelity Value Factor ETF worth $8,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FVAL. Rockefeller Capital Management L.P. raised its holdings in Fidelity Value Factor ETF by 0.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 23,107 shares of the company’s stock worth $1,421,000 after purchasing an additional 177 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Fidelity Value Factor ETF by 4.7% in the fourth quarter. Integrated Wealth Concepts LLC now owns 4,766 shares of the company’s stock worth $293,000 after purchasing an additional 213 shares during the period. Allworth Financial LP raised its holdings in Fidelity Value Factor ETF by 2.9% in the first quarter. Allworth Financial LP now owns 9,544 shares of the company’s stock worth $549,000 after purchasing an additional 270 shares during the period. Kovack Advisors Inc. raised its holdings in shares of Fidelity Value Factor ETF by 7.4% during the first quarter. Kovack Advisors Inc. now owns 5,531 shares of the company’s stock worth $330,000 after acquiring an additional 380 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Fidelity Value Factor ETF by 12.2% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 3,935 shares of the company’s stock worth $242,000 after acquiring an additional 427 shares during the period.

Fidelity Value Factor ETF Stock Up 0.4%

Shares of NYSEARCA:FVAL opened at $65.43 on Monday. Fidelity Value Factor ETF has a 12 month low of $51.58 and a 12 month high of $65.50. The company’s fifty day simple moving average is $63.03 and its 200 day simple moving average is $61.35. The firm has a market cap of $991.26 million, a price-to-earnings ratio of 19.06 and a beta of 1.05.

Fidelity Value Factor ETF Company 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.