Flavin Financial Services Inc. Has $768,000 Holdings in Fidelity Quality Factor ETF $FQAL

Flavin Financial Services Inc. cut its holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,025 shares of the company’s stock after selling 361 shares during the quarter. Flavin Financial Services Inc. owned approximately 0.07% of Fidelity Quality Factor ETF worth $768,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in Fidelity Quality Factor ETF by 2.3% in the first quarter. Envestnet Asset Management Inc. now owns 1,101,531 shares of the company’s stock valued at $70,674,000 after buying an additional 24,318 shares in the last quarter. Orgel Wealth Management LLC boosted its stake in shares of Fidelity Quality Factor ETF by 0.7% during the second quarter. Orgel Wealth Management LLC now owns 951,038 shares of the company’s stock valued at $66,221,000 after purchasing an additional 6,648 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Fidelity Quality Factor ETF by 2.8% during the first quarter. Kestra Advisory Services LLC now owns 555,932 shares of the company’s stock valued at $35,669,000 after purchasing an additional 15,054 shares in the last quarter. High Probability Advisors LLC boosted its stake in shares of Fidelity Quality Factor ETF by 4.9% during the second quarter. High Probability Advisors LLC now owns 294,508 shares of the company’s stock valued at $20,507,000 after purchasing an additional 13,782 shares in the last quarter. Finally, Sagespring Wealth Partners LLC boosted its stake in shares of Fidelity Quality Factor ETF by 3.9% during the second quarter. Sagespring Wealth Partners LLC now owns 119,494 shares of the company’s stock valued at $8,320,000 after purchasing an additional 4,499 shares in the last quarter.

Fidelity Quality Factor ETF Trading Up 0.5%

Shares of FQAL stock opened at $73.98 on Friday. The business’s 50-day moving average price is $73.50 and its 200-day moving average price is $69.12. Fidelity Quality Factor ETF has a 12 month low of $56.05 and a 12 month high of $75.52. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 25.46 and a beta of 0.98.

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.