Thrivent Financial for Lutherans Acquires 38,752 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thrivent Financial for Lutherans increased its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 7.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 556,692 shares of the company’s stock after purchasing an additional 38,752 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity Value Factor ETF were worth $32,057,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. AE Wealth Management LLC raised its position in Fidelity Value Factor ETF by 16.4% in the second quarter. AE Wealth Management LLC now owns 71,606 shares of the company’s stock valued at $4,123,000 after purchasing an additional 10,087 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Fidelity Value Factor ETF by 15.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,104,243 shares of the company’s stock valued at $63,587,000 after purchasing an additional 149,954 shares during the last quarter. Thoroughbred Financial Services LLC raised its position in Fidelity Value Factor ETF by 72.9% in the second quarter. Thoroughbred Financial Services LLC now owns 8,057 shares of the company’s stock valued at $463,000 after purchasing an additional 3,396 shares during the last quarter. Condor Capital Management raised its position in Fidelity Value Factor ETF by 5.3% in the second quarter. Condor Capital Management now owns 95,862 shares of the company’s stock valued at $5,520,000 after purchasing an additional 4,847 shares during the last quarter. Finally, PFG Advisors raised its position in Fidelity Value Factor ETF by 7.9% in the second quarter. PFG Advisors now owns 47,203 shares of the company’s stock valued at $2,718,000 after purchasing an additional 3,466 shares during the last quarter.

Fidelity Value Factor ETF Trading Up 0.3 %

Fidelity Value Factor ETF stock opened at $59.91 on Tuesday. The company has a market capitalization of $835.74 million, a PE ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 12 month low of $45.57 and a 12 month high of $60.37. The stock has a 50-day moving average price of $58.40 and a two-hundred day moving average price of $57.21.

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.