Flavin Financial Services Inc. Has $768,000 Stock Holdings in Fidelity Quality Factor ETF $FQAL

Flavin Financial Services Inc. trimmed its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.2% during the second quarter, HoldingsChannel.com reports. The firm owned 11,025 shares of the company’s stock after selling 361 shares during the period. Flavin Financial Services Inc.’s holdings in Fidelity Quality Factor ETF were worth $768,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FQAL. Foundations Investment Advisors LLC lifted its stake in shares of Fidelity Quality Factor ETF by 285.9% in the first quarter. Foundations Investment Advisors LLC now owns 13,905 shares of the company’s stock worth $892,000 after acquiring an additional 10,302 shares during the period. Colony Family Offices LLC acquired a new position in shares of Fidelity Quality Factor ETF in the second quarter worth approximately $239,000. Axxcess Wealth Management LLC acquired a new position in shares of Fidelity Quality Factor ETF in the first quarter worth approximately $202,000. Cetera Investment Advisers lifted its stake in shares of Fidelity Quality Factor ETF by 41.1% in the first quarter. Cetera Investment Advisers now owns 108,352 shares of the company’s stock worth $6,952,000 after acquiring an additional 31,545 shares during the period. Finally, Sigma Planning Corp lifted its stake in shares of Fidelity Quality Factor ETF by 8.6% in the first quarter. Sigma Planning Corp now owns 6,233 shares of the company’s stock worth $400,000 after acquiring an additional 491 shares during the period.

Fidelity Quality Factor ETF Price Performance

Fidelity Quality Factor ETF stock opened at $73.98 on Friday. The stock’s 50 day moving average is $73.50 and its 200 day moving average is $69.12. The firm has a market cap of $1.12 billion, a P/E ratio of 25.46 and a beta of 0.98. Fidelity Quality Factor ETF has a one year low of $56.05 and a one year high of $75.52.

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.