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

Colony Family Offices LLC lifted its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 102.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,263 shares of the company’s stock after acquiring an additional 3,675 shares during the period. Colony Family Offices LLC’s holdings in Fidelity Quality Factor ETF were worth $471,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Allworth Financial LP raised its holdings in Fidelity Quality Factor ETF by 0.7% in the third quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock worth $2,440,000 after purchasing an additional 250 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Quality Factor ETF by 1.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 25,460 shares of the company’s stock valued at $1,561,000 after acquiring an additional 281 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in Fidelity Quality Factor ETF by 2.1% in the second quarter. Mercer Global Advisors Inc. ADV now owns 16,525 shares of the company’s stock worth $1,013,000 after purchasing an additional 332 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Fidelity Quality Factor ETF during the 2nd quarter valued at $26,000. Finally, Commonwealth Equity Services LLC boosted its position in shares of Fidelity Quality Factor ETF by 0.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 143,831 shares of the company’s stock worth $8,820,000 after purchasing an additional 778 shares in the last quarter.

Fidelity Quality Factor ETF Price Performance

Shares of NYSEARCA:FQAL opened at $65.72 on Monday. The business’s 50-day moving average is $65.15 and its 200 day moving average is $62.42. Fidelity Quality Factor ETF has a 1 year low of $51.40 and a 1 year high of $67.81. The firm has a market capitalization of $1.02 billion, a P/E 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.