Fidelity Quality Factor ETF $FQAL Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 27.8% during the second quarter, Holdings Channel reports. The firm owned 15,449 shares of the company’s stock after selling 5,938 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Fidelity Quality Factor ETF were worth $1,076,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Iron Horse Wealth Management LLC purchased a new position in shares of Fidelity Quality Factor ETF during the first quarter worth about $56,000. IFP Advisors Inc grew its holdings in shares of Fidelity Quality Factor ETF by 26.6% during the second quarter. IFP Advisors Inc now owns 923 shares of the company’s stock worth $64,000 after buying an additional 194 shares during the last quarter. Clarity Asset Management Inc. grew its holdings in shares of Fidelity Quality Factor ETF by 99.6% during the first quarter. Clarity Asset Management Inc. now owns 1,056 shares of the company’s stock worth $68,000 after buying an additional 527 shares during the last quarter. Stone House Investment Management LLC purchased a new position in shares of Fidelity Quality Factor ETF during the first quarter worth about $76,000. Finally, CWM LLC purchased a new position in shares of Fidelity Quality Factor ETF during the second quarter worth about $133,000.

Fidelity Quality Factor ETF Stock Up 0.5%

NYSEARCA FQAL opened at $73.98 on Friday. Fidelity Quality Factor ETF has a 52-week low of $56.05 and a 52-week high of $75.52. The business’s 50-day moving average price is $73.50 and its 200 day moving average price is $69.09. The firm has a market cap of $1.12 billion, a P/E ratio of 25.46 and a beta of 0.98.

About Fidelity Quality Factor ETF

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.