Sunbelt Securities Inc. decreased its holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL – Free Report) by 34.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,163 shares of the company’s stock after selling 37,663 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity Quality Factor ETF were worth $5,239,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in 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 buying an additional 292 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Fidelity Quality Factor ETF by 2.8% in the first quarter. Cetera Investment Advisers now owns 171,126 shares of the company’s stock worth $12,424,000 after acquiring an additional 4,644 shares in the last quarter. Assetmark Inc. grew its stake in shares of Fidelity Quality Factor ETF by 120.7% during 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 last quarter. Valmark Advisers Inc. grew its stake in shares of Fidelity Quality Factor ETF by 24.8% during the first quarter. Valmark Advisers Inc. now owns 24,915 shares of the company’s stock worth $1,809,000 after acquiring an additional 4,957 shares during the last quarter. Finally, Sovran Advisors LLC acquired a new position in shares of Fidelity Quality Factor ETF during the first quarter valued at about $1,137,000.
Fidelity Quality Factor ETF Stock Up 0.6%
FQAL opened at $82.19 on Wednesday. The company has a market cap of $1.41 billion, a P/E ratio of 25.46 and a beta of 0.94. The firm’s 50-day moving average price is $81.09 and its 200-day moving average price is $77.97. Fidelity Quality Factor ETF has a 52-week low of $69.85 and a 52-week 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.
Featured Stories
- Five stocks we like better than Fidelity Quality Factor ETF
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Want to see what other hedge funds are holding FQAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Quality Factor ETF (NYSEARCA:FQAL – Free Report).
Receive News & Ratings for Fidelity Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
