Fidelity Value Factor ETF (NYSEARCA:FVAL) Shares Sold by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC trimmed its position in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 4.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,142 shares of the company’s stock after selling 1,990 shares during the quarter. Bouvel Investment Partners LLC owned approximately 0.35% of Fidelity Value Factor ETF worth $2,962,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Unique Wealth LLC raised its holdings in Fidelity Value Factor ETF by 62.9% in the 4th quarter. Unique Wealth LLC now owns 53,217 shares of the company’s stock valued at $3,274,000 after acquiring an additional 20,542 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Fidelity Value Factor ETF by 7.7% in the third quarter. JPMorgan Chase & Co. now owns 915,310 shares of the company’s stock valued at $55,468,000 after purchasing an additional 65,719 shares during the last quarter. Executive Wealth Management LLC purchased a new position in Fidelity Value Factor ETF during the third quarter worth approximately $831,000. Integrated Wealth Concepts LLC boosted its stake in Fidelity Value Factor ETF by 22.3% during the third quarter. Integrated Wealth Concepts LLC now owns 4,553 shares of the company’s stock worth $276,000 after buying an additional 831 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Fidelity Value Factor ETF by 3.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,930 shares of the company’s stock valued at $1,389,000 after buying an additional 796 shares in the last quarter.

Fidelity Value Factor ETF Stock Down 0.5 %

NYSEARCA FVAL opened at $62.38 on Friday. The business’s fifty day simple moving average is $62.88 and its 200-day simple moving average is $60.58. The firm has a market cap of $870.20 million, a PE ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 52 week low of $51.95 and a 52 week high of $64.49.

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.