Storen Legacy Partners LLC Takes Position in Fidelity Value Factor ETF $FVAL

Storen Legacy Partners LLC acquired a new position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 6,693 shares of the company’s stock, valued at approximately $484,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its position in Fidelity Value Factor ETF by 4.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 3,396 shares of the company’s stock valued at $234,000 after acquiring an additional 154 shares during the period. Cullen Frost Bankers Inc. raised its stake in Fidelity Value Factor ETF by 3.2% during the 4th quarter. Cullen Frost Bankers Inc. now owns 8,872 shares of the company’s stock valued at $641,000 after acquiring an additional 273 shares in the last quarter. Spectrum Investment Advisors Inc. boosted its position in Fidelity Value Factor ETF by 1.8% during the 4th quarter. Spectrum Investment Advisors Inc. now owns 15,262 shares of the company’s stock worth $1,103,000 after acquiring an additional 275 shares during the period. Foronjy Financial LLC boosted its position in Fidelity Value Factor ETF by 9.9% during the 4th quarter. Foronjy Financial LLC now owns 3,596 shares of the company’s stock worth $260,000 after acquiring an additional 324 shares during the period. Finally, Allworth Financial LP boosted its position in Fidelity Value Factor ETF by 3.3% during the 4th quarter. Allworth Financial LP now owns 10,628 shares of the company’s stock worth $768,000 after acquiring an additional 335 shares during the period.

Fidelity Value Factor ETF Stock Performance

NYSEARCA:FVAL opened at $78.01 on Friday. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 19.06 and a beta of 0.95. Fidelity Value Factor ETF has a 1 year low of $61.76 and a 1 year high of $80.69. The business has a fifty day moving average of $77.10 and a 200-day moving average of $73.94.

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.