Atlas Brown Inc. Has $435,000 Position in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Atlas Brown Inc. lowered its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 10.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,649 shares of the company’s stock after selling 790 shares during the period. Atlas Brown Inc.’s holdings in Fidelity Quality Factor ETF were worth $435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FQAL. Wealth Enhancement Advisory Services LLC lifted its position in shares of Fidelity Quality Factor ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 33,402 shares of the company’s stock valued at $2,168,000 after acquiring an additional 245 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Fidelity Quality Factor ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 33,879 shares of the company’s stock valued at $2,199,000 after purchasing an additional 2,742 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of Fidelity Quality Factor ETF by 7.1% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 14,756 shares of the company’s stock worth $956,000 after purchasing an additional 976 shares in the last quarter. Rehmann Capital Advisory Group acquired a new stake in shares of Fidelity Quality Factor ETF in the 3rd quarter valued at about $209,000. Finally, Sunbelt Securities Inc. increased its position in Fidelity Quality Factor ETF by 5.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 103,479 shares of the company’s stock valued at $6,716,000 after buying an additional 5,564 shares in the last quarter.

Fidelity Quality Factor ETF Stock Down 1.4 %

NYSEARCA:FQAL traded down $0.92 on Friday, hitting $64.90. The stock had a trading volume of 19,739 shares, compared to its average volume of 27,100. Fidelity Quality Factor ETF has a 52 week low of $53.54 and a 52 week high of $68.61. The business’s fifty day moving average is $66.82 and its 200 day moving average is $64.43. The company has a market cap of $1.01 billion, a PE 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.