FIDELITY COVINGTON TRUST

Ticker: FVAL CUSIP: 316092782 Class: VLU FACTOR ETF

Merit Financial Group, LLC's Holding History (CIK: 0001621225)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 332,824 Value ($000) $24,053 Avg Close — Range —
Q3 2025
Shares 401,738 Value ($000) $27,668 Avg Close — Range —