Montis Financial LLC Buys Shares of 16,812 Fidelity Value Factor ETF (NYSEARCA:FVAL)

Montis Financial LLC bought a new stake in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 16,812 shares of the company’s stock, valued at approximately $1,034,000. Montis Financial LLC owned approximately 0.12% of Fidelity Value Factor ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FVAL. JPMorgan Chase & Co. raised its stake in Fidelity Value Factor ETF by 7.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after acquiring an additional 65,719 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of Fidelity Value Factor ETF by 169.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 85,723 shares of the company’s stock valued at $5,274,000 after purchasing an additional 53,910 shares during the period. Sax Wealth Advisors LLC acquired a new position in shares of Fidelity Value Factor ETF during the 4th quarter valued at $2,006,000. FMR LLC increased its position 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 valued at $51,307,000 after purchasing an additional 26,275 shares during the period. Finally, Unique Wealth LLC increased its position in shares of Fidelity Value Factor ETF by 62.9% during the 4th quarter. Unique Wealth LLC now owns 53,217 shares of the company’s stock valued at $3,274,000 after purchasing an additional 20,542 shares during the period.

Fidelity Value Factor ETF Stock Performance

Shares of FVAL stock opened at $59.99 on Friday. Fidelity Value Factor ETF has a 1 year low of $54.46 and a 1 year high of $65.00. The stock has a market cap of $968.84 million, a PE ratio of 19.70 and a beta of 1.03. The business’s fifty day moving average is $62.72 and its 200-day moving average is $61.91.

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.