Fidelity Quality Factor ETF (NYSEARCA:FQAL) Shares Bought by Sigma Planning Corp

Sigma Planning Corp grew its holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 31.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,324 shares of the company’s stock after buying an additional 1,266 shares during the period. Sigma Planning Corp’s holdings in Fidelity Quality Factor ETF were worth $346,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in shares of Fidelity Quality Factor ETF in the second quarter valued at $26,000. Envestnet Portfolio Solutions Inc. purchased a new stake in Fidelity Quality Factor ETF during the first quarter worth about $202,000. Hurlow Wealth Management Group Inc. acquired a new stake in shares of Fidelity Quality Factor ETF during the second quarter worth about $214,000. Beaumont Financial Advisors LLC purchased a new position in shares of Fidelity Quality Factor ETF in the third quarter valued at approximately $255,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of Fidelity Quality Factor ETF in the second quarter valued at approximately $406,000.

Fidelity Quality Factor ETF Stock Down 1.7 %

Shares of FQAL opened at $65.72 on Friday. The company has a market cap of $1.02 billion, a P/E ratio of 20.41 and a beta of 0.95. Fidelity Quality Factor ETF has a fifty-two week low of $51.40 and a fifty-two week high of $67.81. The firm’s 50 day moving average price is $65.15 and its 200 day moving average price is $62.42.

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.