Quotient Wealth Partners LLC Trims Stock Holdings in Fidelity Quality Factor ETF $FQAL

Quotient Wealth Partners LLC lowered its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 22.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,553 shares of the company’s stock after selling 8,086 shares during the quarter. Quotient Wealth Partners LLC owned about 0.16% of Fidelity Quality Factor ETF worth $2,000,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Elyxium Wealth LLC bought a new position in shares of Fidelity Quality Factor ETF in the fourth quarter worth approximately $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Fidelity Quality Factor ETF during the fourth quarter valued at about $33,000. Raymond James Financial Inc. bought a new stake in Fidelity Quality Factor ETF during the second quarter valued at about $33,000. CIBC Private Wealth Group LLC lifted its position in shares of Fidelity Quality Factor ETF by 23.3% in the third 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 lifted its position in shares of Fidelity Quality Factor ETF by 37.2% in the second 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 Price Performance

NYSEARCA FQAL opened at $80.87 on Friday. Fidelity Quality Factor ETF has a twelve month low of $66.80 and a twelve month high of $81.99. The business has a 50-day moving average price of $79.34 and a 200-day moving average price of $76.91. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 25.46 and a beta of 0.95.

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.