Sunbelt Securities Inc. Sells 37,663 Shares of Fidelity Quality Factor ETF $FQAL

Sunbelt Securities Inc. trimmed its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 34.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,163 shares of the company’s stock after selling 37,663 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.41% of Fidelity Quality Factor ETF worth $5,239,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Fidelity Quality Factor ETF by 6,154.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,624,514 shares of the company’s stock valued at $122,797,000 after acquiring an additional 1,598,541 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of Fidelity Quality Factor ETF by 33.6% during the 1st quarter. Kestra Advisory Services LLC now owns 899,808 shares of the company’s stock worth $65,326,000 after purchasing an additional 226,425 shares during the last quarter. High Probability Advisors LLC lifted its stake in shares of Fidelity Quality Factor ETF by 2.0% during the 4th quarter. High Probability Advisors LLC now owns 309,369 shares of the company’s stock worth $23,385,000 after purchasing an additional 6,021 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Fidelity Quality Factor ETF by 0.7% during the fourth quarter. JPMorgan Chase & Co. now owns 247,976 shares of the company’s stock valued at $18,745,000 after purchasing an additional 1,688 shares in the last quarter. Finally, Smith Chas P & Associates PA Cpas boosted its position in Fidelity Quality Factor ETF by 32.9% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 179,903 shares of the company’s stock valued at $13,599,000 after purchasing an additional 44,528 shares in the last quarter.

Fidelity Quality Factor ETF Stock Performance

Shares of Fidelity Quality Factor ETF stock opened at $82.19 on Wednesday. The company has a market capitalization of $1.41 billion, a PE ratio of 25.46 and a beta of 0.94. The company has a 50-day simple moving average of $81.09 and a two-hundred day simple moving average of $77.97. Fidelity Quality Factor ETF has a one year low of $69.85 and a one year high of $82.88.

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.