Breakwater Capital Group Buys Shares of 10,412 Fidelity Quality Factor ETF $FQAL

Breakwater Capital Group purchased a new stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,412 shares of the company’s stock, valued at approximately $787,000. Breakwater Capital Group owned 0.07% of Fidelity Quality Factor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FQAL. Centerline Wealth Advisors LLC bought a new position in shares of Fidelity Quality Factor ETF in the fourth quarter valued at approximately $322,000. Wealth Enhancement Advisory Services LLC increased its holdings in Fidelity Quality Factor ETF by 3.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 37,838 shares of the company’s stock worth $2,891,000 after acquiring an additional 1,345 shares during the period. DecisionMap Wealth Management LLC increased its holdings in Fidelity Quality Factor ETF by 5.4% during the 4th quarter. DecisionMap Wealth Management LLC now owns 2,962 shares of the company’s stock worth $224,000 after acquiring an additional 151 shares during the period. Sagespring Wealth Partners LLC lifted its stake in Fidelity Quality Factor ETF by 0.9% in the 4th quarter. Sagespring Wealth Partners LLC now owns 119,490 shares of the company’s stock worth $9,032,000 after purchasing an additional 1,101 shares in the last quarter. Finally, Unique Wealth LLC lifted its stake in Fidelity Quality Factor ETF by 1.3% in the 4th quarter. Unique Wealth LLC now owns 43,276 shares of the company’s stock worth $3,271,000 after purchasing an additional 537 shares in the last quarter.

Fidelity Quality Factor ETF Price Performance

Shares of NYSEARCA:FQAL opened at $73.04 on Tuesday. The firm has a fifty day moving average price of $76.08 and a two-hundred day moving average price of $75.36. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 25.46 and a beta of 0.97. Fidelity Quality Factor ETF has a one year low of $56.05 and a one year high of $77.58.

About Fidelity Quality Factor ETF

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.