Fidelity Quality Factor ETF $FQAL Stock: Kestra Advisory Services LLC Trims Holdings

Kestra Advisory Services LLC decreased its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 717,635 shares of the company’s stock after selling 43,154 shares during the quarter. Kestra Advisory Services LLC owned 3.99% of Fidelity Quality Factor ETF worth $59,743,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Assetmark Inc. boosted 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 valued at $43,000 after buying an additional 321 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Fidelity Quality Factor ETF in the first quarter valued at approximately $46,000. Royal Bank of Canada raised its stake in shares of Fidelity Quality Factor ETF by 11.7% in the first quarter. Royal Bank of Canada now owns 2,782 shares of the company’s stock valued at $202,000 after acquiring an additional 292 shares during the last quarter. Colony Family Offices LLC boosted its holdings in shares of Fidelity Quality Factor ETF by 6.2% in the 3rd quarter. Colony Family Offices LLC now owns 3,735 shares of the company’s stock worth $311,000 after acquiring an additional 217 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. acquired a new position in shares of Fidelity Quality Factor ETF in the 2nd quarter worth approximately $350,000.

Fidelity Quality Factor ETF Trading Up 0.1%

NYSEARCA FQAL traded up $0.08 during trading hours on Friday, reaching $81.60. 201,776 shares of the company’s stock were exchanged, compared to its average volume of 63,014. The firm has a fifty day moving average of $84.05 and a 200-day moving average of $80.23. Fidelity Quality Factor ETF has a one year low of $70.44 and a one year high of $85.56. The stock has a market cap of $1.53 billion, a PE ratio of 25.46 and a beta of 0.94.

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.