Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Sold by Goodwin Investment Advisory

Goodwin Investment Advisory lessened its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 76.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 190,276 shares of the company’s stock after selling 632,754 shares during the period. Fidelity Value Factor ETF accounts for about 6.0% of Goodwin Investment Advisory’s portfolio, making the stock its 3rd largest position. Goodwin Investment Advisory’s holdings in Fidelity Value Factor ETF were worth $11,458,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. FMR LLC boosted its stake in shares of Fidelity Value Factor ETF by 3.2% during the third quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after acquiring an additional 26,275 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Fidelity Value Factor ETF by 19.3% during the 3rd quarter. Private Advisor Group LLC now owns 7,284 shares of the company’s stock worth $441,000 after purchasing an additional 1,177 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Value Factor ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock worth $55,468,000 after buying an additional 65,719 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Fidelity Value Factor ETF by 22.3% in the third quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock valued at $276,000 after buying an additional 831 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Fidelity Value Factor ETF by 3.6% in the third quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock valued at $1,389,000 after buying an additional 796 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL opened at $62.80 on Friday. The firm has a market cap of $876.06 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 1 year low of $54.46 and a 1 year high of $65.00. The firm’s 50 day moving average price is $63.00 and its 200 day moving average price is $61.74.

Fidelity Value Factor ETF 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.