Colony Family Offices LLC Buys 3,675 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Colony Family Offices LLC lifted its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 102.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,263 shares of the company’s stock after buying an additional 3,675 shares during the period. Colony Family Offices LLC’s holdings in Fidelity Quality Factor ETF were worth $471,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Prime Capital Investment Advisors LLC grew its position in shares of Fidelity Quality Factor ETF by 12.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 12,298 shares of the company’s stock valued at $798,000 after acquiring an additional 1,355 shares during the period. Sigma Planning Corp grew its holdings in Fidelity Quality Factor ETF by 31.2% during the third quarter. Sigma Planning Corp now owns 5,324 shares of the company’s stock valued at $346,000 after purchasing an additional 1,266 shares during the period. Madden Advisory Services Inc. increased its position in Fidelity Quality Factor ETF by 9.6% in the third quarter. Madden Advisory Services Inc. now owns 25,379 shares of the company’s stock worth $1,647,000 after buying an additional 2,225 shares in the last quarter. First Trust Direct Indexing L.P. raised its stake in shares of Fidelity Quality Factor ETF by 11.2% in the third quarter. First Trust Direct Indexing L.P. now owns 12,801 shares of the company’s stock worth $831,000 after buying an additional 1,294 shares during the period. Finally, Valmark Advisers Inc. bought a new position in shares of Fidelity Quality Factor ETF in the third quarter worth about $411,000.

Fidelity Quality Factor ETF Trading Down 1.7 %

Shares of NYSEARCA:FQAL opened at $65.72 on Monday. The stock has a 50 day moving average of $65.15 and a 200 day moving average of $62.42. The company has a market cap of $1.02 billion, a PE ratio of 20.41 and a beta of 0.95. Fidelity Quality Factor ETF has a 12-month low of $51.40 and a 12-month high of $67.81.

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.