Silver Oak Securities Incorporated Raises Stock Holdings in Fidelity Quality Factor ETF $FQAL

Silver Oak Securities Incorporated boosted its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 318.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,853 shares of the company’s stock after buying an additional 20,433 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Fidelity Quality Factor ETF were worth $2,046,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. purchased a new stake in shares of Fidelity Quality Factor ETF during the second quarter worth about $539,000. Savvy Advisors Inc. bought a new stake in shares of Fidelity Quality Factor ETF in the third quarter worth about $796,000. High Probability Advisors LLC increased its holdings in Fidelity Quality Factor ETF by 3.0% during the 3rd quarter. High Probability Advisors LLC now owns 303,348 shares of the company’s stock valued at $22,666,000 after purchasing an additional 8,840 shares during the period. Keystone Wealth Services LLC increased its holdings in Fidelity Quality Factor ETF by 804.7% during the 3rd quarter. Keystone Wealth Services LLC now owns 50,652 shares of the company’s stock valued at $3,785,000 after purchasing an additional 45,053 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new position in Fidelity Quality Factor ETF during the 2nd quarter valued at approximately $1,079,000.

Fidelity Quality Factor ETF Stock Performance

NYSEARCA FQAL opened at $72.60 on Wednesday. Fidelity Quality Factor ETF has a fifty-two week low of $56.05 and a fifty-two week high of $77.58. The stock has a 50 day simple moving average of $75.54 and a two-hundred day simple moving average of $75.30. The stock has a market cap of $1.11 billion, a P/E ratio of 25.46 and a beta of 0.97.

About Fidelity Quality Factor ETF

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.