Fidelity Quality Factor ETF $FQAL Stock Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 5.7% in the third quarter, HoldingsChannel.com reports. The firm owned 717,635 shares of the company’s stock after selling 43,154 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity Quality Factor ETF were worth $59,743,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of FQAL. Assetmark Inc. lifted its holdings in Fidelity Quality Factor ETF by 120.7% during the 1st quarter. Assetmark Inc. now owns 587 shares of the company’s stock worth $43,000 after buying an additional 321 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Fidelity Quality Factor ETF in the 1st quarter valued at $46,000. Royal Bank of Canada raised its position in shares of 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 during the last quarter. Colony Family Offices LLC raised its position in shares of 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 during the last quarter. Finally, Canandaigua National Bank & Trust Co. acquired a new position in shares of Fidelity Quality Factor ETF during the second quarter valued at $350,000.

Fidelity Quality Factor ETF Trading Up 0.1%

Shares of FQAL traded up $0.08 during trading hours on Friday, hitting $81.60. 201,776 shares of the stock traded hands, compared to its average volume of 63,014. The business has a fifty day moving average of $84.05 and a 200-day moving average of $80.23. The firm has a market capitalization of $1.53 billion, a PE ratio of 25.46 and a beta of 0.94. Fidelity Quality Factor ETF has a 1-year low of $70.44 and a 1-year high of $85.56.

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.