Keystone Wealth Services LLC Acquires 45,053 Shares of Fidelity Quality Factor ETF $FQAL

Keystone Wealth Services LLC boosted its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 804.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,652 shares of the company’s stock after buying an additional 45,053 shares during the quarter. Fidelity Quality Factor ETF makes up approximately 0.8% of Keystone Wealth Services LLC’s investment portfolio, making the stock its 25th largest position. Keystone Wealth Services LLC owned approximately 0.33% of Fidelity Quality Factor ETF worth $3,785,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in shares of Fidelity Quality Factor ETF by 29.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 228,984 shares of the company’s stock worth $15,944,000 after acquiring an additional 51,744 shares during the period. LVZ Inc. acquired a new stake in Fidelity Quality Factor ETF during the 2nd quarter valued at $1,807,000. B. Riley Wealth Advisors Inc. acquired a new stake in Fidelity Quality Factor ETF during the 2nd quarter valued at $1,079,000. Cerity Partners LLC boosted its position in Fidelity Quality Factor ETF by 70.4% during the second quarter. Cerity Partners LLC now owns 36,125 shares of the company’s stock worth $2,515,000 after purchasing an additional 14,923 shares during the period. Finally, High Probability Advisors LLC increased its holdings in shares of Fidelity Quality Factor ETF by 4.9% in the second quarter. High Probability Advisors LLC now owns 294,508 shares of the company’s stock valued at $20,507,000 after purchasing an additional 13,782 shares during the last quarter.

Fidelity Quality Factor ETF Price Performance

Shares of FQAL opened at $76.01 on Tuesday. The company’s 50-day moving average is $75.33 and its 200-day moving average is $73.36. The firm has a market capitalization of $1.16 billion, a PE ratio of 25.46 and a beta of 0.97. Fidelity Quality Factor ETF has a fifty-two week low of $56.05 and a fifty-two week high of $76.77.

Fidelity Quality Factor ETF 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.