Smith Chas P & Associates PA Cpas Has $10.12 Million Holdings in Fidelity Quality Factor ETF $FQAL

Smith Chas P & Associates PA Cpas decreased its holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 41.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 135,375 shares of the company’s stock after selling 97,787 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in Fidelity Quality Factor ETF were worth $10,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FQAL. Jane Street Group LLC boosted its stake in shares of Fidelity Quality Factor ETF by 5.9% in the first quarter. Jane Street Group LLC now owns 11,083 shares of the company’s stock valued at $711,000 after buying an additional 621 shares during the period. Sigma Planning Corp lifted its position in shares of Fidelity Quality Factor ETF by 6.0% during the 2nd quarter. Sigma Planning Corp now owns 6,606 shares of the company’s stock valued at $460,000 after acquiring an additional 373 shares during the period. Bank of Montreal Can lifted its position in shares of Fidelity Quality Factor ETF by 6.0% during the 2nd quarter. Bank of Montreal Can now owns 3,764 shares of the company’s stock valued at $262,000 after acquiring an additional 214 shares during the period. Stone House Investment Management LLC grew its holdings in shares of Fidelity Quality Factor ETF by 469.0% during the 2nd quarter. Stone House Investment Management LLC now owns 6,726 shares of the company’s stock worth $468,000 after purchasing an additional 5,544 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Fidelity Quality Factor ETF by 0.4% in the second quarter. Allworth Financial LP now owns 38,316 shares of the company’s stock worth $2,668,000 after purchasing an additional 141 shares during the period.

Fidelity Quality Factor ETF Stock Down 1.0%

FQAL opened at $76.35 on Wednesday. Fidelity Quality Factor ETF has a twelve month low of $56.05 and a twelve month high of $77.58. The company has a 50-day simple moving average of $76.54 and a 200 day simple moving average of $75.14. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 25.46 and a beta of 0.97.

Fidelity Quality Factor ETF Profile

The Fidelity Quality Factor ETF (FQAL) is an exchange-traded fund that is based on the Fidelity U.S. Quality Factor index. The fund tracks an index of fundamentally- selected large and mid- cap US companies that are weighted according to a tiered scheme. FQAL was launched on Sep 12, 2016 and is managed by Fidelity.