CRA Financial Services LLC Purchases Shares of 8,200 Fidelity Quality Factor ETF $FQAL

CRA Financial Services LLC purchased a new stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,200 shares of the company’s stock, valued at approximately $620,000. CRA Financial Services LLC owned about 0.05% of Fidelity Quality Factor ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FQAL. Savvy Advisors Inc. acquired a new stake in Fidelity Quality Factor ETF during the 3rd quarter valued at $796,000. High Probability Advisors LLC raised its holdings in shares of Fidelity Quality Factor ETF by 3.0% in the third quarter. High Probability Advisors LLC now owns 303,348 shares of the company’s stock worth $22,666,000 after acquiring an additional 8,840 shares during the last quarter. Keystone Wealth Services LLC lifted its position in shares of Fidelity Quality Factor ETF by 804.7% in the third quarter. Keystone Wealth Services LLC now owns 50,652 shares of the company’s stock valued at $3,785,000 after acquiring an additional 45,053 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Fidelity Quality Factor ETF in the second quarter valued at $1,079,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Fidelity Quality Factor ETF by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 246,288 shares of the company’s stock valued at $18,403,000 after acquiring an additional 17,304 shares during the last quarter.

Fidelity Quality Factor ETF Trading Up 0.5%

Fidelity Quality Factor ETF stock opened at $72.99 on Thursday. The stock has a market cap of $1.12 billion, a PE ratio of 25.46 and a beta of 0.97. The stock has a 50-day moving average price of $75.48 and a 200 day moving average price of $75.28. Fidelity Quality Factor ETF has a 52 week low of $56.05 and a 52 week high of $77.58.

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.