Primoris Wealth Advisors LLC Sells 300 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Primoris Wealth Advisors LLC lessened its stake in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 33,171 shares of the company’s stock after selling 300 shares during the quarter. Fidelity Value Factor ETF accounts for 1.4% of Primoris Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. Primoris Wealth Advisors LLC’s holdings in Fidelity Value Factor ETF were worth $2,010,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Fidelity Value Factor ETF during the second quarter worth about $32,000. Comerica Bank increased its stake in Fidelity Value Factor ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,182 shares of the company’s stock valued at $125,000 after purchasing an additional 550 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fidelity Value Factor ETF by 8.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock worth $192,000 after buying an additional 267 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Fidelity Value Factor ETF by 16.7% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,105 shares of the company’s stock worth $236,000 after buying an additional 586 shares during the period. Finally, Thoroughbred Financial Services LLC purchased a new stake in shares of Fidelity Value Factor ETF during the first quarter valued at $265,000.

Fidelity Value Factor ETF Stock Performance

Shares of NYSEARCA FVAL traded up $0.08 during mid-day trading on Friday, hitting $63.41. The stock had a trading volume of 30,419 shares, compared to its average volume of 65,372. The firm has a market cap of $884.57 million, a PE ratio of 15.28 and a beta of 0.93. The company has a 50 day moving average of $60.45 and a two-hundred day moving average of $58.44. Fidelity Value Factor ETF has a twelve month low of $47.86 and a twelve month high of $63.54.

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.