Fidelity Quality Factor ETF $FQAL Shares Sold by Fullerton Advisors LLC

Fullerton Advisors LLC lowered its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 16.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 36,675 shares of the company’s stock after selling 7,440 shares during the period. Fidelity Quality Factor ETF accounts for approximately 2.8% of Fullerton Advisors LLC’s portfolio, making the stock its 10th biggest holding. Fullerton Advisors LLC’s holdings in Fidelity Quality Factor ETF were worth $2,663,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FQAL. Elyxium Wealth LLC purchased a new stake in shares of Fidelity Quality Factor ETF during the fourth quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Fidelity Quality Factor ETF in the fourth quarter worth about $33,000. Raymond James Financial Inc. purchased a new position in shares of Fidelity Quality Factor ETF in the second quarter worth about $33,000. CIBC Private Wealth Group LLC boosted its position in Fidelity Quality Factor ETF by 23.3% during the third quarter. CIBC Private Wealth Group LLC now owns 890 shares of the company’s stock worth $67,000 after acquiring an additional 168 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in Fidelity Quality Factor ETF by 37.2% during the second quarter. Qube Research & Technologies Ltd now owns 1,294 shares of the company’s stock worth $90,000 after acquiring an additional 351 shares during the last quarter.

Fidelity Quality Factor ETF Trading Up 0.3%

Shares of NYSEARCA FQAL opened at $79.84 on Friday. The stock has a market cap of $1.40 billion, a PE ratio of 25.46 and a beta of 0.95. Fidelity Quality Factor ETF has a 12-month low of $68.81 and a 12-month high of $81.99. The company has a 50-day moving average of $79.71 and a 200 day moving average of $77.06.

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.