Fidelity Quality Factor ETF $FQAL Shares Sold by Unique Wealth LLC

Unique Wealth LLC lowered its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 15.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 36,398 shares of the company’s stock after selling 6,878 shares during the period. Unique Wealth LLC owned 0.21% of Fidelity Quality Factor ETF worth $2,643,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FQAL. Elyxium Wealth LLC acquired a new stake in shares of Fidelity Quality Factor ETF in the fourth quarter valued at about $31,000. Raymond James Financial Inc. acquired a new position in Fidelity Quality Factor ETF during the second quarter worth about $33,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Fidelity Quality Factor ETF during the fourth quarter worth about $33,000. CIBC Private Wealth Group LLC grew its stake in Fidelity Quality Factor ETF by 23.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 890 shares of the company’s stock valued at $67,000 after acquiring an additional 168 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in Fidelity Quality Factor ETF by 37.2% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,294 shares of the company’s stock valued at $90,000 after acquiring an additional 351 shares in the last quarter.

Fidelity Quality Factor ETF Trading Down 0.1%

FQAL stock opened at $79.60 on Friday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 25.46 and a beta of 0.95. Fidelity Quality Factor ETF has a 12 month low of $68.50 and a 12 month high of $81.99. The firm has a 50-day moving average of $79.66 and a two-hundred day moving average of $77.04.

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.