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

AssuredPartners Investment Advisors LLC bought a new position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 9,187 shares of the company’s stock, valued at approximately $601,000. AssuredPartners Investment Advisors LLC owned 0.06% of Fidelity Quality Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Fidelity Quality Factor ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 33,879 shares of the company’s stock valued at $2,199,000 after purchasing an additional 2,742 shares in the last quarter. Cerity Partners LLC lifted its position in Fidelity Quality Factor ETF by 5.7% during the third quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock valued at $1,440,000 after buying an additional 1,199 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Fidelity Quality Factor ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 33,402 shares of the company’s stock valued at $2,168,000 after buying an additional 245 shares during the period. Atria Wealth Solutions Inc. boosted its holdings in shares of Fidelity Quality Factor ETF by 17.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 18,060 shares of the company’s stock valued at $1,182,000 after buying an additional 2,713 shares in the last quarter. Finally, Independent Advisor Alliance grew its position in shares of Fidelity Quality Factor ETF by 1.1% in the 4th quarter. Independent Advisor Alliance now owns 18,591 shares of the company’s stock worth $1,216,000 after buying an additional 197 shares during the period.

Fidelity Quality Factor ETF Price Performance

Shares of NYSEARCA FQAL opened at $64.71 on Friday. Fidelity Quality Factor ETF has a 1 year low of $55.46 and a 1 year high of $69.23. The firm has a 50-day moving average of $66.72 and a 200 day moving average of $66.19. The stock has a market cap of $1.05 billion, a P/E ratio of 25.33 and a beta of 1.00.

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.