Creekmur Asset Management LLC Acquires Shares of 1,697 Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Creekmur Asset Management LLC acquired a new stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,697 shares of the company’s stock, valued at approximately $92,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hobbs Group Advisors LLC bought a new position in shares of Fidelity Quality Factor ETF in the 4th quarter valued at about $650,000. Prudential PLC boosted its stake in shares of Fidelity Quality Factor ETF by 37.4% in the 4th quarter. Prudential PLC now owns 15,753 shares of the company’s stock valued at $856,000 after purchasing an additional 4,290 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Quality Factor ETF by 16.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,009,324 shares of the company’s stock valued at $54,847,000 after purchasing an additional 142,310 shares during the last quarter. TD Capital Management LLC boosted its stake in shares of Fidelity Quality Factor ETF by 27.6% in the 4th quarter. TD Capital Management LLC now owns 3,598 shares of the company’s stock valued at $195,000 after purchasing an additional 779 shares during the last quarter. Finally, Madden Advisory Services Inc. boosted its stake in shares of Fidelity Quality Factor ETF by 5.8% in the 4th quarter. Madden Advisory Services Inc. now owns 20,827 shares of the company’s stock valued at $1,132,000 after purchasing an additional 1,135 shares during the last quarter.

Fidelity Quality Factor ETF Price Performance

Shares of NYSEARCA FQAL traded down $0.06 during mid-day trading on Friday, hitting $61.20. The company’s stock had a trading volume of 12,962 shares, compared to its average volume of 138,322. The company’s fifty day simple moving average is $58.28 and its 200-day simple moving average is $56.55. Fidelity Quality Factor ETF has a one year low of $47.21 and a one year high of $61.30. The stock has a market cap of $951.61 million, a price-to-earnings ratio of 20.41 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.