LPL Financial LLC Purchases 9,566 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

LPL Financial LLC grew its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 17.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,577 shares of the company’s stock after buying an additional 9,566 shares during the period. LPL Financial LLC owned approximately 0.40% of Fidelity Quality Factor ETF worth $4,079,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cyndeo Wealth Partners LLC bought a new position in Fidelity Quality Factor ETF during the 1st quarter worth $341,000. Atlas Brown Inc. increased its position in Fidelity Quality Factor ETF by 5.7% during the 1st quarter. Atlas Brown Inc. now owns 7,026 shares of the company’s stock worth $451,000 after buying an additional 377 shares during the period. Cetera Investment Advisers increased its position in Fidelity Quality Factor ETF by 11.2% during the 4th quarter. Cetera Investment Advisers now owns 76,807 shares of the company’s stock worth $5,025,000 after buying an additional 7,713 shares during the period. Jane Street Group LLC bought a new position in Fidelity Quality Factor ETF during the 4th quarter worth $685,000. Finally, JPMorgan Chase & Co. increased its position in Fidelity Quality Factor ETF by 14.4% during the 4th quarter. JPMorgan Chase & Co. now owns 38,752 shares of the company’s stock worth $2,536,000 after buying an additional 4,873 shares during the period.

Fidelity Quality Factor ETF Price Performance

FQAL stock opened at $72.70 on Friday. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 25.46 and a beta of 0.98. The business’s fifty day moving average price is $69.92 and its two-hundred day moving average price is $66.82. Fidelity Quality Factor ETF has a fifty-two week low of $56.05 and a fifty-two week high of $72.87.

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.