Avaii Wealth Management LLC Sells 196 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Avaii Wealth Management LLC decreased its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,628 shares of the company’s stock after selling 196 shares during the period. Avaii Wealth Management LLC’s holdings in Fidelity Value Factor ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC lifted its position in Fidelity Value Factor ETF by 1.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 11,477 shares of the company’s stock valued at $696,000 after purchasing an additional 188 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in shares of Fidelity Value Factor ETF by 2.4% in the fourth quarter. Ameritas Advisory Services LLC now owns 10,368 shares of the company’s stock worth $638,000 after buying an additional 240 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity Value Factor ETF by 8.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after buying an additional 267 shares in the last quarter. Atomi Financial Group Inc. grew its stake in shares of Fidelity Value Factor ETF by 3.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,901 shares of the company’s stock valued at $548,000 after acquiring an additional 305 shares during the period. Finally, PFG Advisors increased its holdings in Fidelity Value Factor ETF by 1.2% in the 3rd quarter. PFG Advisors now owns 47,778 shares of the company’s stock worth $2,895,000 after acquiring an additional 575 shares in the last quarter.

Fidelity Value Factor ETF Price Performance

Shares of NYSEARCA:FVAL opened at $63.99 on Friday. The company has a market capitalization of $892.66 million, a P/E ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 1-year low of $53.00 and a 1-year high of $64.49. The firm’s 50 day simple moving average is $62.93 and its two-hundred day simple moving average is $60.83.

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.