J.W. Cole Advisors Inc. Sells 2,353 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

J.W. Cole Advisors Inc. lowered its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 18.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,407 shares of the company’s stock after selling 2,353 shares during the period. J.W. Cole Advisors Inc. owned 0.07% of Fidelity Quality Factor ETF worth $681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its position in shares of Fidelity Quality Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,402 shares of the company’s stock valued at $2,168,000 after buying an additional 245 shares during the last quarter. Allworth Financial LP raised its position in shares of Fidelity Quality Factor ETF by 0.7% during the third quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock valued at $2,440,000 after buying an additional 250 shares during the last quarter. Quotient Wealth Partners LLC raised its position in shares of Fidelity Quality Factor ETF by 3.4% during the fourth quarter. Quotient Wealth Partners LLC now owns 12,237 shares of the company’s stock valued at $801,000 after buying an additional 408 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Fidelity Quality Factor ETF by 1.2% during the third quarter. Rockefeller Capital Management L.P. now owns 38,352 shares of the company’s stock valued at $2,488,000 after buying an additional 472 shares during the last quarter. Finally, Beacon Financial Group raised its position in shares of Fidelity Quality Factor ETF by 0.4% during the fourth quarter. Beacon Financial Group now owns 186,025 shares of the company’s stock valued at $12,172,000 after buying an additional 651 shares during the last quarter.

Fidelity Quality Factor ETF Price Performance

Fidelity Quality Factor ETF stock opened at $69.13 on Thursday. The firm’s 50 day moving average price is $66.99 and its 200-day moving average price is $65.58. Fidelity Quality Factor ETF has a 1 year low of $55.40 and a 1 year high of $69.23. The stock has a market cap of $1.07 billion, a P/E ratio of 20.41 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.