Traub Capital Management LLC Purchases New Shares in Fidelity Value Factor ETF $FVAL

Traub Capital Management LLC bought a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 18,915 shares of the company’s stock, valued at approximately $1,208,000. Fidelity Value Factor ETF makes up 1.1% of Traub Capital Management LLC’s holdings, making the stock its 19th largest position. Traub Capital Management LLC owned 0.12% of Fidelity Value Factor ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. J.W. Cole Advisors Inc. grew its stake in shares of Fidelity Value Factor ETF by 68.2% in the first quarter. J.W. Cole Advisors Inc. now owns 13,567 shares of the company’s stock worth $808,000 after acquiring an additional 5,503 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Fidelity Value Factor ETF by 4,672.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,152 shares of the company’s stock worth $265,000 after purchasing an additional 4,065 shares during the last quarter. Atria Wealth Solutions Inc. boosted its stake in Fidelity Value Factor ETF by 15.0% in the 1st quarter. Atria Wealth Solutions Inc. now owns 30,177 shares of the company’s stock worth $1,798,000 after purchasing an additional 3,933 shares in the last quarter. Schmidt P J Investment Management Inc. purchased a new stake in Fidelity Value Factor ETF during the 1st quarter valued at about $279,000. Finally, LPL Financial LLC grew its position in Fidelity Value Factor ETF by 33.8% during the 1st quarter. LPL Financial LLC now owns 254,081 shares of the company’s stock valued at $15,141,000 after purchasing an additional 64,192 shares during the last quarter.

Fidelity Value Factor ETF Stock Down 0.6%

NYSEARCA:FVAL opened at $69.01 on Wednesday. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 19.06 and a beta of 0.97. The company’s 50 day moving average price is $69.42 and its 200-day moving average price is $65.81. Fidelity Value Factor ETF has a 52 week low of $51.58 and a 52 week high of $71.60.

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.