Silver Oak Securities Incorporated Buys 20,433 Shares of Fidelity Quality Factor ETF $FQAL

Silver Oak Securities Incorporated boosted its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 318.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,853 shares of the company’s stock after purchasing an additional 20,433 shares during the quarter. Silver Oak Securities Incorporated owned about 0.18% of Fidelity Quality Factor ETF worth $2,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new position in shares of Fidelity Quality Factor ETF in the 2nd quarter worth $33,000. Cornerstone Planning Group LLC purchased a new stake in shares of Fidelity Quality Factor ETF during the 3rd quarter valued at $38,000. Spire Wealth Management lifted its holdings in shares of Fidelity Quality Factor ETF by 22.4% during the 3rd quarter. Spire Wealth Management now owns 808 shares of the company’s stock worth $60,000 after acquiring an additional 148 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Fidelity Quality Factor ETF during the 2nd quarter worth $61,000. Finally, CIBC Private Wealth Group LLC grew its position 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 acquiring an additional 168 shares in the last quarter.

Fidelity Quality Factor ETF Stock Up 2.6%

FQAL opened at $72.60 on Wednesday. The stock has a market cap of $1.11 billion, a PE ratio of 25.46 and a beta of 0.97. Fidelity Quality Factor ETF has a 52 week low of $56.05 and a 52 week high of $77.58. The business’s fifty day simple moving average is $75.54 and its 200 day simple moving average is $75.30.

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.