Fidelity Quality Factor ETF (NYSEARCA:FQAL – Get Free Report) saw unusually-strong trading volume on Monday. Approximately 348,809 shares traded hands during trading, an increase of 479% from the average daily volume of 60,256 shares. The stock last traded at $83.5290 and had previously closed at $83.43.
Fidelity Quality Factor ETF Stock Performance
The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 25.46 and a beta of 0.94. The company has a 50 day moving average price of $84.23 and a two-hundred day moving average price of $80.07.
Institutional Trading of Fidelity Quality Factor ETF
Large investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity Quality Factor ETF in the third quarter valued at about $9,255,000. Compass Financial Management LLC acquired a new stake in Fidelity Quality Factor ETF during the third quarter worth $420,000. Great Lakes Retirement Inc. increased its position in shares of Fidelity Quality Factor ETF by 0.4% during the 3rd quarter. Great Lakes Retirement Inc. now owns 244,939 shares of the company’s stock worth $20,391,000 after purchasing an additional 880 shares during the last quarter. Bryant Woods Investment Advisors LLC raised its stake in shares of Fidelity Quality Factor ETF by 118.0% in the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 25,618 shares of the company’s stock valued at $2,133,000 after acquiring an additional 13,869 shares during the period. Finally, Sigma Planning Corp purchased a new stake in Fidelity Quality Factor ETF in the third quarter valued at approximately $595,000.
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.
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