OmniStar Financial Group Inc. Has $1.37 Million Holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

OmniStar Financial Group Inc. grew its holdings in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 12.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,964 shares of the company’s stock after purchasing an additional 2,312 shares during the period. Fidelity Quality Factor ETF comprises 1.0% of OmniStar Financial Group Inc.’s holdings, making the stock its 25th largest holding. OmniStar Financial Group Inc.’s holdings in Fidelity Quality Factor ETF were worth $1,365,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Orgel Wealth Management LLC bought a new position in shares of Fidelity Quality Factor ETF in the 1st quarter valued at $119,932,000. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Quality Factor ETF by 9.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,126,222 shares of the company’s stock valued at $69,060,000 after purchasing an additional 97,429 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in Fidelity Quality Factor ETF by 16.9% in the 1st quarter. Kestra Advisory Services LLC now owns 522,914 shares of the company’s stock valued at $30,821,000 after buying an additional 75,503 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in Fidelity Quality Factor ETF by 0.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 143,831 shares of the company’s stock worth $8,820,000 after buying an additional 778 shares during the period. Finally, Sunbelt Securities Inc. grew its position in shares of Fidelity Quality Factor ETF by 2.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 97,915 shares of the company’s stock valued at $6,004,000 after buying an additional 2,056 shares during the last quarter.

Fidelity Quality Factor ETF Stock Performance

Shares of FQAL traded up $0.18 during mid-day trading on Friday, reaching $66.27. 4,728 shares of the company were exchanged, compared to its average volume of 96,446. Fidelity Quality Factor ETF has a 52 week low of $47.21 and a 52 week high of $66.58. The business has a 50 day simple moving average of $63.74 and a two-hundred day simple moving average of $61.08. The stock has a market capitalization of $1.03 billion, a PE ratio of 20.41 and a beta of 0.95.

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.