Thoroughbred Financial Services LLC Boosts Holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Thoroughbred Financial Services LLC lifted its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 31.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,454 shares of the company’s stock after acquiring an additional 2,995 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Fidelity Value Factor ETF were worth $766,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FVAL. FMR LLC raised its position in Fidelity Value Factor ETF by 3.2% in the third 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. JPMorgan Chase & Co. raised its holdings in Fidelity Value Factor ETF by 7.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after buying an additional 65,719 shares during the period. Integrated Wealth Concepts LLC lifted its position in Fidelity Value Factor ETF by 22.3% in the third quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock valued at $276,000 after buying an additional 831 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Fidelity Value Factor ETF by 78.0% in the fourth quarter. Jones Financial Companies Lllp now owns 8,754 shares of the company’s stock valued at $539,000 after buying an additional 3,835 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in shares of Fidelity Value Factor ETF by 3.6% during the third quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock valued at $1,389,000 after acquiring an additional 796 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

Fidelity Value Factor ETF stock opened at $54.06 on Friday. The company has a market capitalization of $751.43 million, a price-to-earnings ratio of 19.40 and a beta of 1.03. The company’s 50 day simple moving average is $61.75 and its 200-day simple moving average is $62.03. Fidelity Value Factor ETF has a 1 year low of $54.00 and a 1 year high of $65.00.

Fidelity Value Factor ETF 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.