Great Lakes Retirement Inc. Sells 7,787 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Great Lakes Retirement Inc. decreased its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 236,572 shares of the company’s stock after selling 7,787 shares during the quarter. Fidelity Quality Factor ETF accounts for 2.0% of Great Lakes Retirement Inc.’s investment portfolio, making the stock its 11th largest holding. Great Lakes Retirement Inc.’s holdings in Fidelity Quality Factor ETF were worth $15,479,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FQAL. Beacon Financial Group increased its stake in shares of Fidelity Quality Factor ETF by 0.4% in the fourth quarter. Beacon Financial Group now owns 186,025 shares of the company’s stock worth $12,172,000 after purchasing an additional 651 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Fidelity Quality Factor ETF by 89.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 44,019 shares of the company’s stock valued at $2,880,000 after acquiring an additional 20,768 shares in the last quarter. Quotient Wealth Partners LLC lifted its holdings in Fidelity Quality Factor ETF by 3.4% in the 4th quarter. Quotient Wealth Partners LLC now owns 12,237 shares of the company’s stock worth $801,000 after purchasing an additional 408 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in shares of Fidelity Quality Factor ETF in the fourth quarter worth $4,529,000. Finally, Flavin Financial Services Inc. purchased a new stake in Fidelity Quality Factor ETF in the 4th quarter worth $766,000.

Fidelity Quality Factor ETF Price Performance

NYSEARCA:FQAL opened at $68.41 on Wednesday. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 20.41 and a beta of 0.95. Fidelity Quality Factor ETF has a 1 year low of $55.13 and a 1 year high of $68.61. The stock’s 50 day simple moving average is $66.92 and its two-hundred day simple moving average is $65.25.

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.