Fidelity Quality Factor ETF (NYSEARCA:FQAL – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $81.28 and last traded at $81.28, with a volume of 10664 shares traded. The stock had previously closed at $80.84.
Fidelity Quality Factor ETF Trading Up 0.4%
The stock’s 50 day moving average price is $76.66 and its two-hundred day moving average price is $76.18. The firm has a market capitalization of $1.42 billion, a PE ratio of 25.46 and a beta of 0.95.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of FQAL. Northwestern Mutual Wealth Management Co. increased its stake in shares of Fidelity Quality Factor ETF by 6,154.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,624,514 shares of the company’s stock worth $122,797,000 after purchasing an additional 1,598,541 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Fidelity Quality Factor ETF by 33.6% during the first quarter. Kestra Advisory Services LLC now owns 899,808 shares of the company’s stock worth $65,326,000 after acquiring an additional 226,425 shares during the last quarter. Principal Securities Inc. boosted its position in Fidelity Quality Factor ETF by 3,701.5% during the fourth quarter. Principal Securities Inc. now owns 109,218 shares of the company’s stock worth $8,256,000 after acquiring an additional 106,345 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Fidelity Quality Factor ETF by 5.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,156,911 shares of the company’s stock worth $86,444,000 after acquiring an additional 55,097 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in Fidelity Quality Factor ETF by 11,469.7% during the third quarter. Raymond James Financial Inc. now owns 55,303 shares of the company’s stock worth $4,132,000 after acquiring an additional 54,825 shares during the last quarter.
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.
Further Reading
- Five stocks we like better than Fidelity Quality Factor ETF
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
- IREN Is Flipping the Switch from Bitcoin to AI
- This Quantum Computing Stock May Be Closer to a Breakout Than You Think
- RTX Is Set to Revolutionize Munitions Manufacturing
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.
