Sunbelt Securities Inc. Sells 3,624 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Sunbelt Securities Inc. reduced its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,855 shares of the company’s stock after selling 3,624 shares during the period. Sunbelt Securities Inc. owned 0.64% of Fidelity Quality Factor ETF worth $6,550,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Independent Advisor Alliance increased its stake in shares of Fidelity Quality Factor ETF by 1.1% during the fourth quarter. Independent Advisor Alliance now owns 18,591 shares of the company’s stock valued at $1,216,000 after purchasing an additional 197 shares in the last quarter. Mariner LLC grew its stake in shares of Fidelity Quality Factor ETF by 1.7% in the 4th quarter. Mariner LLC now owns 15,671 shares of the company’s stock worth $1,025,000 after buying an additional 258 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Fidelity Quality Factor ETF by 0.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 38,660 shares of the company’s stock worth $2,528,000 after buying an additional 308 shares during the last quarter. Quotient Wealth Partners LLC increased its position in Fidelity Quality Factor ETF by 3.4% during the 4th 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 in the last quarter. Finally, Sigma Planning Corp raised its stake in Fidelity Quality Factor ETF by 7.9% during the fourth quarter. Sigma Planning Corp now owns 5,742 shares of the company’s stock valued at $376,000 after buying an additional 418 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

Shares of NYSEARCA FQAL opened at $66.40 on Friday. The firm’s 50 day moving average price is $63.51 and its 200-day moving average price is $65.73. Fidelity Quality Factor ETF has a 52-week low of $56.05 and a 52-week high of $69.23. The company has a market cap of $1.03 billion, a PE ratio of 25.61 and a beta of 0.99.

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.