Cerity Partners LLC Has $1.39 Million Stock Position in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Cerity Partners LLC lowered its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 4.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 21,306 shares of the company’s stock after selling 881 shares during the period. Cerity Partners LLC’s holdings in Fidelity Quality Factor ETF were worth $1,394,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Fidelity Quality Factor ETF by 8.8% in the third quarter. JPMorgan Chase & Co. now owns 33,879 shares of the company’s stock worth $2,199,000 after buying an additional 2,742 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Fidelity Quality Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,402 shares of the company’s stock worth $2,168,000 after purchasing an additional 245 shares during the period. Independent Advisor Alliance grew its holdings in 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 during the last quarter. Atria Wealth Solutions Inc. raised its position in shares of Fidelity Quality Factor ETF by 17.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 18,060 shares of the company’s stock valued at $1,182,000 after purchasing an additional 2,713 shares during the period. Finally, Smith Chas P & Associates PA Cpas boosted its holdings in shares of Fidelity Quality Factor ETF by 0.7% during the 4th quarter. Smith Chas P & Associates PA Cpas now owns 236,445 shares of the company’s stock worth $15,471,000 after buying an additional 1,551 shares during the period.

Fidelity Quality Factor ETF Price Performance

Shares of FQAL opened at $60.72 on Friday. The company has a market capitalization of $980.63 million, a PE ratio of 25.37 and a beta of 0.99. Fidelity Quality Factor ETF has a one year low of $55.46 and a one year high of $69.23. The company’s fifty day moving average price is $64.61 and its 200 day moving average price is $65.88.

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.