J.W. Cole Advisors Inc. Raises Holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

J.W. Cole Advisors Inc. boosted its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 92.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,760 shares of the company’s stock after acquiring an additional 6,145 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Fidelity Quality Factor ETF were worth $828,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FQAL. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity Quality Factor ETF by 8.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,313 shares of the company’s stock worth $667,000 after purchasing an additional 876 shares during the last quarter. Almanack Investment Partners LLC. boosted its stake in Fidelity Quality Factor ETF by 20.3% during the first quarter. Almanack Investment Partners LLC. now owns 5,287 shares of the company’s stock worth $312,000 after buying an additional 893 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Fidelity Quality Factor ETF during the first quarter valued at about $202,000. Kestra Advisory Services LLC raised its stake in shares of Fidelity Quality Factor ETF by 16.9% in the 1st quarter. Kestra Advisory Services LLC now owns 522,914 shares of the company’s stock valued at $30,821,000 after acquiring an additional 75,503 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Fidelity Quality Factor ETF by 38.8% in the 1st quarter. Cetera Investment Advisers now owns 60,137 shares of the company’s stock worth $3,545,000 after acquiring an additional 16,801 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

Fidelity Quality Factor ETF stock opened at $65.67 on Wednesday. The company has a market capitalization of $1.02 billion, a PE ratio of 20.41 and a beta of 0.95. Fidelity Quality Factor ETF has a fifty-two week low of $47.60 and a fifty-two week high of $66.58. The firm has a 50 day moving average price of $64.28 and a 200 day moving average price of $61.50.

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.