Prism Advisors Inc. Has $5.70 Million Position in Fidelity Value Factor ETF (NYSEARCA:FVAL)

Prism Advisors Inc. lessened its holdings in shares of Fidelity Value Factor ETF (NYSEARCA:FVAL) by 42.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 92,600 shares of the company’s stock after selling 67,212 shares during the period. Fidelity Value Factor ETF accounts for about 1.7% of Prism Advisors Inc.’s portfolio, making the stock its 21st largest position. Prism Advisors Inc.’s holdings in Fidelity Value Factor ETF were worth $5,697,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in Fidelity Value Factor ETF by 1.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 11,477 shares of the company’s stock worth $696,000 after acquiring an additional 188 shares during the last quarter. Ameritas Advisory Services LLC grew its stake in shares of Fidelity Value Factor ETF by 2.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 10,368 shares of the company’s stock valued at $638,000 after purchasing an additional 240 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Fidelity Value Factor ETF by 8.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,336 shares of the company’s stock valued at $192,000 after purchasing an additional 267 shares during the last quarter. Atomi Financial Group Inc. increased its holdings in shares of Fidelity Value Factor ETF by 3.5% in the fourth quarter. Atomi Financial Group Inc. now owns 8,901 shares of the company’s stock valued at $548,000 after purchasing an additional 305 shares in the last quarter. Finally, PFG Advisors raised its position 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 purchasing an additional 575 shares during the last quarter.

Fidelity Value Factor ETF Stock Performance

NYSEARCA:FVAL opened at $63.99 on Monday. The stock’s fifty day moving average price is $62.93 and its two-hundred day moving average price is $60.85. The company has a market cap of $892.66 million, a price-to-earnings ratio of 15.28 and a beta of 0.93. Fidelity Value Factor ETF has a 52-week low of $53.00 and a 52-week high of $64.49.

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.