GWN Securities Inc. Makes New Investment in Fidelity Value Factor ETF (NYSEARCA:FVAL)

GWN Securities Inc. bought a new position in Fidelity Value Factor ETF (NYSEARCA:FVAL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 5,015 shares of the company’s stock, valued at approximately $309,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FVAL. Ameritas Advisory Services LLC grew its position in shares of Fidelity Value Factor ETF by 2.4% in the 4th quarter. Ameritas Advisory Services LLC now owns 10,368 shares of the company’s stock valued at $638,000 after buying an additional 240 shares during the last quarter. Atomi Financial Group Inc. grew its position in shares of Fidelity Value Factor ETF by 3.5% in the 4th quarter. Atomi Financial Group Inc. now owns 8,901 shares of the company’s stock valued at $548,000 after buying an additional 305 shares during the last quarter. Kovack Advisors Inc. grew its position in shares of Fidelity Value Factor ETF by 8.9% in the 4th quarter. Kovack Advisors Inc. now owns 5,151 shares of the company’s stock valued at $317,000 after buying an additional 420 shares during the last quarter. Spectrum Investment Advisors Inc. grew its position in shares of Fidelity Value Factor ETF by 4.2% in the 4th quarter. Spectrum Investment Advisors Inc. now owns 13,923 shares of the company’s stock valued at $857,000 after buying an additional 559 shares during the last quarter. Finally, Cedar Point Capital Partners LLC grew its position in shares of Fidelity Value Factor ETF by 1.5% in the 4th quarter. Cedar Point Capital Partners LLC now owns 52,274 shares of the company’s stock valued at $3,216,000 after buying an additional 787 shares during the last quarter.

Fidelity Value Factor ETF Trading Up 0.7 %

NYSEARCA FVAL opened at $60.38 on Tuesday. The business’s 50-day moving average price is $62.63 and its two-hundred day moving average price is $61.96. 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 $975.14 million, a PE ratio of 19.70 and a beta of 1.03.

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.