Quotient Wealth Partners LLC Increases Stock Position in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Quotient Wealth Partners LLC increased its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,237 shares of the company’s stock after purchasing an additional 408 shares during the quarter. Quotient Wealth Partners LLC owned 0.08% of Fidelity Quality Factor ETF worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FQAL. Beaumont Financial Advisors LLC purchased a new position in shares of Fidelity Quality Factor ETF in the third quarter valued at $255,000. OmniStar Financial Group Inc. boosted its stake in Fidelity Quality Factor ETF by 12.4% during the 3rd quarter. OmniStar Financial Group Inc. now owns 20,964 shares of the company’s stock valued at $1,365,000 after acquiring an additional 2,312 shares during the last quarter. Allworth Financial LP boosted its stake in Fidelity Quality Factor ETF by 0.7% during the 3rd quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock valued at $2,440,000 after acquiring an additional 250 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Fidelity Quality Factor ETF by 150.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 33,157 shares of the company’s stock valued at $2,152,000 after acquiring an additional 19,927 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its stake in Fidelity Quality Factor ETF by 92.9% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 12,760 shares of the company’s stock valued at $828,000 after acquiring an additional 6,145 shares during the last quarter.

Fidelity Quality Factor ETF Price Performance

NYSEARCA FQAL opened at $67.75 on Friday. Fidelity Quality Factor ETF has a 12 month low of $55.13 and a 12 month high of $68.61. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 20.41 and a beta of 0.95. The company’s fifty day moving average price is $66.92 and its two-hundred day moving average price is $65.14.

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.