Fidelity Quality Factor ETF $FQAL Shares Acquired by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC lifted its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,494 shares of the company’s stock after purchasing an additional 4,499 shares during the period. Sagespring Wealth Partners LLC owned 0.80% of Fidelity Quality Factor ETF worth $8,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its holdings in shares of Fidelity Quality Factor ETF by 6.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,775 shares of the company’s stock worth $178,000 after purchasing an additional 158 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Fidelity Quality Factor ETF by 26.6% during the 2nd quarter. IFP Advisors Inc now owns 923 shares of the company’s stock worth $64,000 after purchasing an additional 194 shares during the last quarter. Sigma Planning Corp boosted its holdings in shares of Fidelity Quality Factor ETF by 8.6% during the 1st quarter. Sigma Planning Corp now owns 6,233 shares of the company’s stock worth $400,000 after purchasing an additional 491 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Fidelity Quality Factor ETF by 1.4% during the 1st quarter. Allworth Financial LP now owns 38,175 shares of the company’s stock worth $2,392,000 after purchasing an additional 509 shares during the last quarter. Finally, Clarity Asset Management Inc. boosted its holdings in shares of Fidelity Quality Factor ETF by 99.6% during the 1st quarter. Clarity Asset Management Inc. now owns 1,056 shares of the company’s stock worth $68,000 after purchasing an additional 527 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

FQAL opened at $74.03 on Tuesday. Fidelity Quality Factor ETF has a one year low of $56.05 and a one year high of $75.52. The stock has a market capitalization of $1.12 billion, a PE ratio of 25.46 and a beta of 0.98. The business’s 50 day moving average price is $73.30 and its 200 day moving average price is $68.88.

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.