AssuredPartners Investment Advisors LLC Invests $601,000 in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

AssuredPartners Investment Advisors LLC acquired a new stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,187 shares of the company’s stock, valued at approximately $601,000.

Several other institutional investors also recently bought and sold shares of FQAL. Cerity Partners LLC boosted its stake in Fidelity Quality Factor ETF by 5.7% during the 3rd quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock valued at $1,440,000 after purchasing an additional 1,199 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Fidelity Quality Factor ETF by 1.2% during the third quarter. Rockefeller Capital Management L.P. now owns 38,352 shares of the company’s stock valued at $2,488,000 after purchasing an additional 472 shares in the last quarter. Sunbelt Securities Inc. boosted its position in shares of Fidelity Quality Factor ETF by 5.7% during the third quarter. Sunbelt Securities Inc. now owns 103,479 shares of the company’s stock valued at $6,716,000 after buying an additional 5,564 shares during the last quarter. Rehmann Capital Advisory Group bought a new stake in Fidelity Quality Factor ETF in the 3rd quarter worth about $209,000. Finally, B. Riley Wealth Advisors Inc. raised its position in Fidelity Quality Factor ETF by 7.1% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 14,756 shares of the company’s stock worth $956,000 after buying an additional 976 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

FQAL opened at $64.71 on Friday. The company’s 50-day simple moving average is $66.72 and its two-hundred day simple moving average is $66.19. The stock has a market capitalization of $1.05 billion, a P/E ratio of 25.33 and a beta of 1.00. Fidelity Quality Factor ETF has a 52-week low of $55.46 and a 52-week high of $69.23.

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.