Halpern Financial Inc. Lowers Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Halpern Financial Inc. lowered its stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 155,686 shares of the company’s stock after selling 18,963 shares during the quarter. Fidelity Value Factor ETF accounts for 2.4% of Halpern Financial Inc.’s investment portfolio, making the stock its 17th biggest position. Halpern Financial Inc.’s holdings in Fidelity Value Factor ETF were worth $9,371,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Unique Wealth LLC purchased a new stake in shares of Fidelity Value Factor ETF during the 3rd quarter valued at $1,980,000. Cetera Investment Advisers raised its position in Fidelity Value Factor ETF by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 100,006 shares of the company’s stock worth $5,759,000 after purchasing an additional 4,892 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Fidelity Value Factor ETF by 8.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock worth $192,000 after purchasing an additional 267 shares during the period. Fischer Investment Strategies LLC raised its position in Fidelity Value Factor ETF by 2.3% in the 2nd quarter. Fischer Investment Strategies LLC now owns 101,077 shares of the company’s stock worth $5,820,000 after purchasing an additional 2,229 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Fidelity Value Factor ETF by 7.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 556,692 shares of the company’s stock worth $32,057,000 after purchasing an additional 38,752 shares during the period.

Fidelity Value Factor ETF Price Performance

Fidelity Value Factor ETF stock traded up $0.54 during trading hours on Friday, reaching $60.77. The stock had a trading volume of 60,269 shares, compared to its average volume of 62,655. The company has a fifty day simple moving average of $58.68 and a 200-day simple moving average of $57.48. Fidelity Value Factor ETF has a 52 week low of $45.57 and a 52 week high of $60.80. The stock has a market cap of $847.74 million, a PE ratio of 15.28 and a beta of 0.93.

Fidelity Value Factor ETF Company 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.