Cedar Point Capital Partners LLC Grows Stake in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Cedar Point Capital Partners LLC grew its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 1.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 52,274 shares of the company’s stock after acquiring an additional 787 shares during the quarter. Fidelity Value Factor ETF comprises 2.2% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Cedar Point Capital Partners LLC’s holdings in Fidelity Value Factor ETF were worth $3,216,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of Fidelity Value Factor ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after purchasing an additional 65,719 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity Value Factor ETF by 25.5% in the third quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock valued at $54,376,000 after buying an additional 182,423 shares in the last quarter. FMR LLC boosted its stake in shares of Fidelity Value Factor ETF by 3.2% in the third quarter. FMR LLC now owns 846,651 shares of the company’s stock valued at $51,307,000 after buying an additional 26,275 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Fidelity Value Factor ETF by 3.5% in the third quarter. Thrivent Financial for Lutherans now owns 575,998 shares of the company’s stock valued at $34,905,000 after buying an additional 19,306 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in shares of Fidelity Value Factor ETF by 3.6% in the third quarter. Dynamic Advisor Solutions LLC now owns 163,423 shares of the company’s stock valued at $9,903,000 after buying an additional 5,735 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Fidelity Value Factor ETF stock opened at $63.71 on Thursday. Fidelity Value Factor ETF has a 1-year low of $53.00 and a 1-year high of $64.49. The company has a market cap of $888.75 million, a PE ratio of 15.28 and a beta of 0.93. The stock’s 50 day moving average price is $62.88 and its 200 day moving average price is $60.75.

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.