J.W. Cole Advisors Inc. Makes New $406,000 Investment in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

J.W. Cole Advisors Inc. bought a new stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,615 shares of the company’s stock, valued at approximately $406,000.

A number of other large investors also recently made changes to their positions in the company. Orgel Wealth Management LLC bought a new position in Fidelity Quality Factor ETF during the 1st quarter worth $119,932,000. Envestnet Asset Management Inc. increased its position in Fidelity Quality Factor ETF by 16.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,009,324 shares of the company’s stock worth $54,847,000 after acquiring an additional 142,310 shares during the period. Kestra Advisory Services LLC increased its position in Fidelity Quality Factor ETF by 16.9% during the first quarter. Kestra Advisory Services LLC now owns 522,914 shares of the company’s stock worth $30,821,000 after acquiring an additional 75,503 shares during the period. Citizens & Northern Corp acquired a new stake in Fidelity Quality Factor ETF in the 2nd quarter worth about $2,185,000. Finally, Cetera Investment Advisers boosted its holdings in Fidelity Quality Factor ETF by 38.8% in the 1st quarter. Cetera Investment Advisers now owns 60,137 shares of the company’s stock valued at $3,545,000 after purchasing an additional 16,801 shares during the period.

Fidelity Quality Factor ETF Trading Down 0.0 %

Shares of FQAL opened at $63.73 on Wednesday. Fidelity Quality Factor ETF has a 12 month low of $47.21 and a 12 month high of $64.06. The firm’s 50 day moving average is $62.22 and its 200-day moving average is $60.06. The stock has a market capitalization of $991.00 million, a PE ratio of 20.41 and a beta of 0.95.

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.