Fidelity Quality Factor ETF (NYSEARCA:FQAL – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,567 shares, a decrease of 94.0% from the May 14th total of 43,083 shares. Based on an average trading volume of 53,758 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Institutional Trading of Fidelity Quality Factor ETF
Large investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC bought a new stake in Fidelity Quality Factor ETF in the fourth quarter worth about $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Fidelity Quality Factor ETF in the fourth quarter worth about $33,000. Raymond James Financial Inc. bought a new stake in Fidelity Quality Factor ETF in the second quarter worth about $33,000. Assetmark Inc. raised its position in Fidelity Quality Factor ETF by 120.7% in the first quarter. Assetmark Inc. now owns 587 shares of the company’s stock worth $43,000 after acquiring an additional 321 shares during the period. Finally, Western Wealth Management LLC bought a new stake in Fidelity Quality Factor ETF in the first quarter worth about $46,000.
Fidelity Quality Factor ETF Price Performance
Shares of NYSEARCA FQAL traded up $1.00 during trading on Thursday, hitting $80.09. The stock had a trading volume of 34,181 shares, compared to its average volume of 60,411. Fidelity Quality Factor ETF has a 12 month low of $66.80 and a 12 month high of $81.74. The company has a market capitalization of $1.40 billion, a PE ratio of 25.46 and a beta of 0.95. The firm has a fifty day moving average of $78.44 and a two-hundred day moving average of $76.69.
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.
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