Envestnet Asset Management Inc. Increases Stock Holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQALFree Report) by 16.4% during the 4th quarter, Holdings Channel reports. The firm owned 1,009,324 shares of the company’s stock after buying an additional 142,310 shares during the period. Envestnet Asset Management Inc. owned approximately 0.16% of Fidelity Quality Factor ETF worth $54,847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. GUNN & Co INVESTMENT MANAGEMENT INC. lifted its holdings in Fidelity Quality Factor ETF by 2,138.8% during the 4th quarter. GUNN & Co INVESTMENT MANAGEMENT INC. now owns 257,748 shares of the company’s stock worth $14,006,000 after buying an additional 246,235 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of Fidelity Quality Factor ETF by 26.8% in the third quarter. Kestra Advisory Services LLC now owns 336,210 shares of the company’s stock valued at $16,574,000 after acquiring an additional 71,054 shares in the last quarter. LVZ Inc. purchased a new position in Fidelity Quality Factor ETF in the fourth quarter valued at $2,255,000. FMR LLC grew its stake in Fidelity Quality Factor ETF by 22.1% during the 3rd quarter. FMR LLC now owns 141,290 shares of the company’s stock worth $6,965,000 after purchasing an additional 25,538 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new stake in Fidelity Quality Factor ETF during the 3rd quarter worth about $344,000.

Fidelity Quality Factor ETF Stock Performance

Shares of FQAL opened at $60.11 on Tuesday. Fidelity Quality Factor ETF has a 1 year low of $47.21 and a 1 year high of $60.22. The stock has a market capitalization of $934.71 million, a PE ratio of 20.41 and a beta of 0.95. The stock has a 50-day simple moving average of $58.06 and a 200-day simple moving average of $56.33.

Fidelity Quality Factor ETF Profile

(Free Report)

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 Articles

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:FQALFree Report).

Institutional Ownership by Quarter for Fidelity Quality Factor ETF (NYSEARCA:FQAL)

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.