PKS Advisory Services LLC Invests $1.29 Million in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

PKS Advisory Services LLC acquired a new stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 19,655 shares of the company’s stock, valued at approximately $1,286,000. PKS Advisory Services LLC owned approximately 0.13% of Fidelity Quality Factor ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Kestra Advisory Services LLC grew its position in Fidelity Quality Factor ETF by 8.1% during the fourth quarter. Kestra Advisory Services LLC now owns 540,878 shares of the company’s stock valued at $35,390,000 after acquiring an additional 40,404 shares during the last quarter. High Probability Advisors LLC boosted its position in Fidelity Quality Factor ETF by 1.7% during the fourth quarter. High Probability Advisors LLC now owns 273,237 shares of the company’s stock valued at $17,878,000 after buying an additional 4,563 shares during the period. Smith Chas P & Associates PA Cpas increased its stake in Fidelity Quality Factor ETF by 0.7% in the 4th quarter. Smith Chas P & Associates PA Cpas now owns 236,445 shares of the company’s stock worth $15,471,000 after purchasing an additional 1,551 shares during the period. Beacon Financial Group increased its stake in shares of Fidelity Quality Factor ETF by 0.4% in the fourth quarter. Beacon Financial Group now owns 186,025 shares of the company’s stock worth $12,172,000 after buying an additional 651 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in Fidelity Quality Factor ETF by 7.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 134,495 shares of the company’s stock valued at $8,800,000 after buying an additional 9,225 shares during the last quarter.

Fidelity Quality Factor ETF Stock Up 1.5 %

Shares of FQAL opened at $65.47 on Tuesday. The stock has a market capitalization of $1.06 billion, a P/E ratio of 25.33 and a beta of 1.00. Fidelity Quality Factor ETF has a twelve month low of $55.46 and a twelve month high of $69.23. The firm has a fifty day simple moving average of $66.76 and a two-hundred day simple moving average of $66.18.

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.