Commonwealth Equity Services LLC Has $8.80 Million Holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 134,495 shares of the company’s stock after acquiring an additional 9,225 shares during the quarter. Commonwealth Equity Services LLC owned 0.86% of Fidelity Quality Factor ETF worth $8,800,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of Fidelity Quality Factor ETF by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,879 shares of the company’s stock valued at $2,199,000 after purchasing an additional 2,742 shares during the last quarter. Cerity Partners LLC grew its stake in shares of Fidelity Quality Factor ETF by 5.7% during the third quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock worth $1,440,000 after buying an additional 1,199 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Fidelity Quality Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,402 shares of the company’s stock worth $2,168,000 after buying an additional 245 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in shares of Fidelity Quality Factor ETF by 17.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 18,060 shares of the company’s stock valued at $1,182,000 after acquiring an additional 2,713 shares during the last quarter. Finally, Independent Advisor Alliance boosted its holdings in shares of Fidelity Quality Factor ETF by 1.1% during the 4th quarter. Independent Advisor Alliance now owns 18,591 shares of the company’s stock valued at $1,216,000 after acquiring an additional 197 shares in the last quarter.

Fidelity Quality Factor ETF Stock Up 0.9 %

Shares of FQAL opened at $64.79 on Thursday. The stock has a market cap of $1.05 billion, a PE ratio of 25.33 and a beta of 1.00. Fidelity Quality Factor ETF has a 12-month low of $55.46 and a 12-month high of $69.23. The business has a 50-day simple moving average of $66.78 and a two-hundred day simple moving average of $66.11.

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.