Fidelity Quality Factor ETF (NYSEARCA:FQAL) Shares Sold by Sigma Planning Corp

Sigma Planning Corp cut its holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 49.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,024 shares of the company’s stock after selling 3,982 shares during the quarter. Sigma Planning Corp’s holdings in Fidelity Quality Factor ETF were worth $219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FQAL. Commonwealth Equity Services LLC boosted its holdings in Fidelity Quality Factor ETF by 113.5% during the third quarter. Commonwealth Equity Services LLC now owns 215,951 shares of the company’s stock worth $10,645,000 after buying an additional 114,797 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new stake in shares of Fidelity Quality Factor ETF in the 3rd quarter worth approximately $416,000. Tranquility Partners LLC purchased a new position in Fidelity Quality Factor ETF in the 3rd quarter valued at approximately $248,000. Prime Capital Investment Advisors LLC purchased a new stake in Fidelity Quality Factor ETF during the third quarter worth $344,000. Finally, Kestra Advisory Services LLC grew its holdings in Fidelity Quality Factor ETF by 26.8% in the third quarter. Kestra Advisory Services LLC now owns 336,210 shares of the company’s stock valued at $16,574,000 after purchasing an additional 71,054 shares during the last quarter.

Fidelity Quality Factor ETF Stock Up 0.2 %

Shares of FQAL stock opened at $56.93 on Tuesday. Fidelity Quality Factor ETF has a fifty-two week low of $46.43 and a fifty-two week high of $59.01. The business has a fifty day simple moving average of $57.49 and a 200-day simple moving average of $54.50. The stock has a market cap of $853.95 million, a P/E ratio of 20.94 and a beta of 0.95.

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.