Fidelity Quality Factor ETF (NYSEARCA:FQAL) Shares Sold by Prudential PLC

Prudential PLC lessened its stake in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 4.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 13,668 shares of the company’s stock after selling 700 shares during the quarter. Prudential PLC owned about 0.09% of Fidelity Quality Factor ETF worth $838,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new position in shares of Fidelity Quality Factor ETF during the 2nd quarter worth $26,000. Principal Securities Inc. purchased a new position in shares of Fidelity Quality Factor ETF during the 4th quarter worth $54,000. Creekmur Asset Management LLC purchased a new position in shares of Fidelity Quality Factor ETF during the 4th quarter worth $92,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Fidelity Quality Factor ETF during the 1st quarter worth $202,000. Finally, Hurlow Wealth Management Group Inc. purchased a new position in shares of Fidelity Quality Factor ETF during the 2nd quarter worth $214,000.

Fidelity Quality Factor ETF Trading Up 0.7 %

Shares of FQAL opened at $63.25 on Friday. The firm has a market capitalization of $983.54 million, a P/E ratio of 20.41 and a beta of 0.95. The stock’s fifty day simple moving average is $62.10 and its 200 day simple moving average is $59.86. Fidelity Quality Factor ETF has a twelve month low of $47.21 and a twelve month high of $63.96.

Fidelity Quality Factor ETF 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.