Fullerton Advisors LLC Sells 7,440 Shares of Fidelity Quality Factor ETF $FQAL

Fullerton Advisors LLC reduced its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 16.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,675 shares of the company’s stock after selling 7,440 shares during the quarter. Fidelity Quality Factor ETF accounts for 2.8% of Fullerton Advisors LLC’s holdings, making the stock its 10th largest position. Fullerton Advisors LLC owned approximately 0.21% of Fidelity Quality Factor ETF worth $2,663,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in shares of Fidelity Quality Factor ETF during the 4th quarter worth approximately $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Fidelity Quality Factor ETF during the 4th quarter valued at approximately $33,000. Raymond James Financial Inc. acquired a new position in shares of Fidelity Quality Factor ETF in the 2nd quarter valued at $33,000. CIBC Private Wealth Group LLC lifted its stake in shares of Fidelity Quality Factor ETF by 23.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 890 shares of the company’s stock valued at $67,000 after purchasing an additional 168 shares during the period. Finally, Qube Research & Technologies Ltd boosted its holdings in Fidelity Quality Factor ETF by 37.2% during the second quarter. Qube Research & Technologies Ltd now owns 1,294 shares of the company’s stock worth $90,000 after buying an additional 351 shares in the last quarter.

Fidelity Quality Factor ETF Stock Performance

FQAL stock opened at $79.84 on Friday. The firm has a market cap of $1.40 billion, a PE ratio of 25.46 and a beta of 0.95. The firm’s fifty day moving average is $79.71 and its 200 day moving average is $77.06. Fidelity Quality Factor ETF has a one year low of $68.81 and a one year high of $81.99.

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.