Commonwealth Equity Services LLC Buys 9,225 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Commonwealth Equity Services LLC increased its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,495 shares of the company’s stock after acquiring an additional 9,225 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity Quality Factor ETF were worth $8,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of FQAL. Kestra Investment Management LLC bought a new position in shares of Fidelity Quality Factor ETF in the fourth quarter worth approximately $125,000. Global Retirement Partners LLC grew its holdings in Fidelity Quality Factor ETF by 868.6% in the 4th quarter. Global Retirement Partners LLC now owns 1,976 shares of the company’s stock worth $129,000 after acquiring an additional 1,772 shares during the last quarter. Cullen Frost Bankers Inc. grew its holdings in Fidelity Quality Factor ETF by 140.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 2,183 shares of the company’s stock worth $143,000 after acquiring an additional 1,276 shares during the last quarter. Capital Investment Counsel Inc purchased a new position in shares of Fidelity Quality Factor ETF in the fourth quarter valued at about $168,000. Finally, Rehmann Capital Advisory Group bought a new position in shares of Fidelity Quality Factor ETF during the third quarter valued at about $209,000.

Fidelity Quality Factor ETF Price Performance

NYSEARCA FQAL opened at $64.79 on Thursday. Fidelity Quality Factor ETF has a 1 year low of $55.46 and a 1 year high of $69.23. The stock has a market capitalization of $1.05 billion, a PE ratio of 25.33 and a beta of 1.00. The business’s 50-day moving average is $66.78 and its 200 day moving average is $66.11.

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.