Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. boosted its position in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 37.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,229 shares of the company’s stock after purchasing an additional 6,098 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.16% of Fidelity Value Factor ETF worth $1,368,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC boosted its holdings in shares of Fidelity Value Factor ETF by 3.2% during the 3rd quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after purchasing an additional 26,275 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in 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 during the last quarter. Integrated Wealth Concepts LLC grew its holdings in Fidelity Value Factor ETF by 22.3% in the 3rd 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 in the last quarter. Jones Financial Companies Lllp increased its stake in shares of Fidelity Value Factor ETF by 78.0% in the 4th quarter. Jones Financial Companies Lllp now owns 8,754 shares of the company’s stock worth $539,000 after acquiring an additional 3,835 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in shares of Fidelity Value Factor ETF by 3.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock worth $1,389,000 after acquiring an additional 796 shares during the period.

Fidelity Value Factor ETF Trading Down 0.6 %

Shares of FVAL opened at $59.88 on Friday. Fidelity Value Factor ETF has a 12-month low of $54.46 and a 12-month high of $65.00. The firm has a market capitalization of $832.33 million, a P/E ratio of 19.40 and a beta of 1.03. The firm has a 50-day moving average price of $62.49 and a 200 day moving average price of $61.94.

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.