Global Retirement Partners LLC Purchases 1,772 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Global Retirement Partners LLC raised its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 868.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,976 shares of the company’s stock after buying an additional 1,772 shares during the period. Global Retirement Partners LLC’s holdings in Fidelity Quality Factor ETF were worth $129,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FQAL. Wealth Enhancement Advisory Services LLC raised its position in shares of Fidelity Quality Factor ETF by 150.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 33,157 shares of the company’s stock worth $2,152,000 after acquiring an additional 19,927 shares during the last quarter. J.W. Cole Advisors Inc. raised its position in shares of Fidelity Quality Factor ETF by 92.9% during the third quarter. J.W. Cole Advisors Inc. now owns 12,760 shares of the company’s stock worth $828,000 after acquiring an additional 6,145 shares during the last quarter. Valmark Advisers Inc. bought a new position in shares of Fidelity Quality Factor ETF during the third quarter worth about $411,000. First Trust Direct Indexing L.P. raised its position in shares of Fidelity Quality Factor ETF by 11.2% during the third quarter. First Trust Direct Indexing L.P. now owns 12,801 shares of the company’s stock worth $831,000 after acquiring an additional 1,294 shares during the last quarter. Finally, Madden Advisory Services Inc. raised its position in shares of Fidelity Quality Factor ETF by 9.6% during the third quarter. Madden Advisory Services Inc. now owns 25,379 shares of the company’s stock worth $1,647,000 after acquiring an additional 2,225 shares during the last quarter.

Fidelity Quality Factor ETF Price Performance

Shares of FQAL opened at $67.54 on Thursday. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 28.24 and a beta of 0.99. The business has a 50-day moving average of $67.00 and a 200-day moving average of $65.86. Fidelity Quality Factor ETF has a 1 year low of $55.46 and a 1 year high of $69.23.

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.