Cerity Partners LLC Has $1.44 Million Stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Cerity Partners LLC boosted its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,187 shares of the company’s stock after buying an additional 1,199 shares during the quarter. Cerity Partners LLC’s holdings in Fidelity Quality Factor ETF were worth $1,440,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Allworth Financial LP boosted its stake in Fidelity Quality Factor ETF by 0.7% in the 3rd quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock valued at $2,440,000 after buying an additional 250 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Fidelity Quality Factor ETF by 1.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 25,460 shares of the company’s stock valued at $1,561,000 after purchasing an additional 281 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in Fidelity Quality Factor ETF by 2.1% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 16,525 shares of the company’s stock valued at $1,013,000 after purchasing an additional 332 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in Fidelity Quality Factor ETF in the 2nd quarter valued at $26,000. Finally, Commonwealth Equity Services LLC raised its position in Fidelity Quality Factor ETF by 0.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 143,831 shares of the company’s stock valued at $8,820,000 after purchasing an additional 778 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

Shares of FQAL opened at $68.22 on Wednesday. The stock has a fifty day moving average price of $66.05 and a two-hundred day moving average price of $63.23. Fidelity Quality Factor ETF has a 52-week low of $52.16 and a 52-week high of $68.28. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 20.41 and a beta of 0.95.

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.