Colony Family Offices LLC Boosts Stock Position in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Colony Family Offices LLC boosted its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 9.6% during the fourth quarter, Holdings Channel reports. The firm owned 7,959 shares of the company’s stock after acquiring an additional 696 shares during the quarter. Colony Family Offices LLC’s holdings in Fidelity Quality Factor ETF were worth $521,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Quality Factor ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 33,879 shares of the company’s stock valued at $2,199,000 after acquiring an additional 2,742 shares in the last quarter. Cerity Partners LLC raised its holdings in Fidelity Quality Factor ETF by 5.7% in the 3rd quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock worth $1,440,000 after purchasing an additional 1,199 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Fidelity Quality Factor ETF by 0.7% in the 4th 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. Atria Wealth Solutions Inc. increased its position in shares of Fidelity Quality Factor ETF by 17.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 18,060 shares of the company’s stock valued at $1,182,000 after buying an additional 2,713 shares during the period. Finally, Independent Advisor Alliance increased its position in shares of 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 buying an additional 197 shares during the period.

Fidelity Quality Factor ETF Stock Performance

Fidelity Quality Factor ETF stock opened at $65.47 on Tuesday. Fidelity Quality Factor ETF has a fifty-two week low of $55.46 and a fifty-two week high of $69.23. The stock’s 50 day simple moving average is $66.76 and its two-hundred day simple moving average is $66.18. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 25.33 and a beta of 1.00.

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.