Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL – Get Free Report) saw unusually-high trading volume on Tuesday. 177,856 shares were traded during trading, an increase of 165% from the average daily volume of 67,052 shares. The stock last traded at $82.4890 and had previously closed at $83.24.
Fidelity Quality Factor ETF Trading Down 0.9%
The firm has a market cap of $1.57 billion, a PE ratio of 25.46 and a beta of 0.94. The firm has a fifty day simple moving average of $84.02 and a two-hundred day simple moving average of $80.26.
Institutional Trading of Fidelity Quality Factor ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Colony Family Offices LLC boosted its stake in Fidelity Quality Factor ETF by 6.2% in the 3rd quarter. Colony Family Offices LLC now owns 3,735 shares of the company’s stock worth $311,000 after purchasing an additional 217 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Fidelity Quality Factor ETF by 1.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 18,353 shares of the company’s stock valued at $1,493,000 after purchasing an additional 230 shares during the last quarter. CRA Financial Services LLC increased its stake in Fidelity Quality Factor ETF by 3.1% during the 3rd quarter. CRA Financial Services LLC now owns 8,400 shares of the company’s stock valued at $699,000 after purchasing an additional 250 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in Fidelity Quality Factor ETF by 2.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 11,236 shares of the company’s stock valued at $913,000 after purchasing an additional 262 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Fidelity Quality Factor ETF by 11.7% in the first quarter. Royal Bank of Canada now owns 2,782 shares of the company’s stock worth $202,000 after buying an additional 292 shares during the last quarter.
Fidelity Quality Factor ETF Company 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.
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