Smith Chas P & Associates PA Cpas Grows Holdings in Fidelity Quality Factor ETF $FQAL

Smith Chas P & Associates PA Cpas grew its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 32.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,903 shares of the company’s stock after buying an additional 44,528 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in Fidelity Quality Factor ETF were worth $13,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elyxium Wealth LLC purchased a new position in shares of Fidelity Quality Factor ETF during the 4th quarter valued at approximately $31,000. Raymond James Financial Inc. acquired a new position in Fidelity Quality Factor ETF in the second quarter worth $33,000. Cornerstone Planning Group LLC acquired a new position in Fidelity Quality Factor ETF in the third quarter worth $38,000. CIBC Private Wealth Group LLC boosted its holdings in Fidelity Quality Factor ETF by 23.3% in the third quarter. CIBC Private Wealth Group LLC now owns 890 shares of the company’s stock worth $67,000 after purchasing an additional 168 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in Fidelity Quality Factor ETF by 37.2% in the second quarter. Qube Research & Technologies Ltd now owns 1,294 shares of the company’s stock worth $90,000 after purchasing an additional 351 shares during the period.

Fidelity Quality Factor ETF Price Performance

Fidelity Quality Factor ETF stock opened at $80.84 on Thursday. The company has a market cap of $1.41 billion, a PE ratio of 25.46 and a beta of 0.95. The company has a fifty day moving average price of $76.66 and a two-hundred day moving average price of $76.18. Fidelity Quality Factor ETF has a 12 month low of $66.57 and a 12 month high of $81.12.

About Fidelity Quality Factor ETF

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.