Commonwealth Equity Services LLC purchased a new stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL – Free Report) in the 3rd quarter, Holdings Channel reports. The firm purchased 111,167 shares of the company’s stock, valued at approximately $9,255,000.
A number of other large investors have also made changes to their positions in FQAL. Assetmark Inc. increased its position in shares of Fidelity Quality Factor ETF by 120.7% in the 1st quarter. Assetmark Inc. now owns 587 shares of the company’s stock valued at $43,000 after buying an additional 321 shares in the last quarter. Western Wealth Management LLC bought a new position in Fidelity Quality Factor ETF during the first quarter worth about $46,000. Royal Bank of Canada lifted its holdings in Fidelity Quality Factor ETF by 11.7% during the first quarter. Royal Bank of Canada now owns 2,782 shares of the company’s stock worth $202,000 after acquiring an additional 292 shares in the last quarter. Colony Family Offices LLC lifted its holdings in Fidelity Quality Factor ETF by 6.2% during the third quarter. Colony Family Offices LLC now owns 3,735 shares of the company’s stock worth $311,000 after acquiring an additional 217 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. acquired a new position in Fidelity Quality Factor ETF in the second quarter valued at about $350,000.
Fidelity Quality Factor ETF Trading Down 0.5%
NYSEARCA:FQAL opened at $83.48 on Friday. Fidelity Quality Factor ETF has a 1 year low of $70.44 and a 1 year high of $85.56. The stock has a 50-day moving average price of $83.96 and a two-hundred day moving average price of $80.37. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 22.53 and a beta of 0.95.
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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Want to see what other hedge funds are holding FQAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Quality Factor ETF (NYSEARCA:FQAL – Free Report).
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