Lincoln National Corp Reduces Stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Lincoln National Corp reduced its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 7.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 32,581 shares of the company’s stock after selling 2,608 shares during the period. Lincoln National Corp’s holdings in Fidelity Quality Factor ETF were worth $1,610,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of FQAL. Citigroup Inc. grew its holdings in Fidelity Quality Factor ETF by 108.1% in the 2nd quarter. Citigroup Inc. now owns 465,332 shares of the company’s stock valued at $22,987,000 after buying an additional 241,673 shares in the last quarter. FMR LLC lifted its stake in shares of Fidelity Quality Factor ETF by 52.3% in the 2nd quarter. FMR LLC now owns 208,984 shares of the company’s stock valued at $10,324,000 after purchasing an additional 71,726 shares during the last quarter. Bank of Montreal Can acquired a new position in shares of Fidelity Quality Factor ETF in the 2nd quarter valued at $1,985,000. Flow Traders U.S. LLC acquired a new position in shares of Fidelity Quality Factor ETF in the 1st quarter valued at $1,570,000. Finally, Allworth Financial LP lifted its stake in shares of Fidelity Quality Factor ETF by 31.5% in the 2nd quarter. Allworth Financial LP now owns 131,050 shares of the company’s stock valued at $6,474,000 after purchasing an additional 31,384 shares during the last quarter.

Shares of Fidelity Quality Factor ETF stock opened at $50.44 on Thursday. Fidelity Quality Factor ETF has a 52 week low of $37.46 and a 52 week high of $52.80. The business’s fifty day simple moving average is $51.50 and its 200-day simple moving average is $49.56.

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Institutional Ownership by Quarter for Fidelity Quality Factor ETF (NYSEARCA:FQAL)

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