Cyndeo Wealth Partners LLC Sells 4,774 Shares of Fidelity Value Factor ETF (NYSEARCA:FVAL)

Cyndeo Wealth Partners LLC cut its holdings in Fidelity Value Factor ETF (NYSEARCA:FVAL) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,611 shares of the company’s stock after selling 4,774 shares during the period. Cyndeo Wealth Partners LLC owned about 0.23% of Fidelity Value Factor ETF worth $1,945,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FVAL. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Value Factor ETF by 25.5% in the third quarter. Commonwealth Equity Services LLC now owns 897,295 shares of the company’s stock valued at $54,376,000 after purchasing an additional 182,423 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Fidelity Value Factor ETF by 7.7% during the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock worth $55,468,000 after purchasing an additional 65,719 shares during the period. Unique Wealth LLC bought a new stake in Fidelity Value Factor ETF during the third quarter worth about $1,980,000. Sax Wealth Advisors LLC bought a new position in shares of Fidelity Value Factor ETF in the fourth quarter worth about $2,006,000. Finally, FMR LLC lifted its holdings in shares of Fidelity Value Factor ETF by 3.2% in the third quarter. FMR LLC now owns 846,651 shares of the company’s stock worth $51,307,000 after acquiring an additional 26,275 shares during the last quarter.

Fidelity Value Factor ETF Trading Down 0.3 %

FVAL stock opened at $63.99 on Friday. The firm has a 50-day moving average price of $62.93 and a 200-day moving average price of $60.83. Fidelity Value Factor ETF has a 12 month low of $53.00 and a 12 month high of $64.49. The stock 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 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.