Fidelity Quality Factor ETF (NYSEARCA:FQAL – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 251,592 shares were traded during trading, an increase of 467% from the previous session’s volume of 44,390 shares.The stock last traded at $73.24 and had previously closed at $72.13.
Fidelity Quality Factor ETF Stock Up 1.8%
The company has a market cap of $1.12 billion, a price-to-earnings ratio of 25.46 and a beta of 0.97. The company has a fifty day simple moving average of $76.16 and a two-hundred day simple moving average of $75.36.
Hedge Funds Weigh In On Fidelity Quality Factor ETF
Several hedge funds have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. purchased a new stake in Fidelity Quality Factor ETF in the 2nd quarter worth approximately $539,000. TD Waterhouse Canada Inc. lifted its stake in shares of Fidelity Quality Factor ETF by 9.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 9,879 shares of the company’s stock worth $688,000 after purchasing an additional 831 shares during the period. Savvy Advisors Inc. purchased a new position in shares of Fidelity Quality Factor ETF during the 3rd quarter worth $796,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Fidelity Quality Factor ETF by 8.1% during the second quarter. Rockefeller Capital Management L.P. now owns 44,412 shares of the company’s stock worth $3,092,000 after purchasing an additional 3,341 shares during the last quarter. Finally, Keystone Wealth Services LLC grew its position in shares of Fidelity Quality Factor ETF by 804.7% in the third quarter. Keystone Wealth Services LLC now owns 50,652 shares of the company’s stock valued at $3,785,000 after purchasing an additional 45,053 shares during the period.
About Fidelity Quality Factor ETF
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.
Further Reading
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