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

Great Lakes Retirement Inc. trimmed its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 236,572 shares of the company’s stock after selling 7,787 shares during the period. Fidelity Quality Factor ETF accounts for 2.0% of Great Lakes Retirement Inc.’s portfolio, making the stock its 11th biggest position. Great Lakes Retirement Inc. owned approximately 1.52% of Fidelity Quality Factor ETF worth $15,479,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beacon Financial Group increased its position in Fidelity Quality Factor ETF by 0.4% during the 4th quarter. Beacon Financial Group now owns 186,025 shares of the company’s stock valued at $12,172,000 after buying an additional 651 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Fidelity Quality Factor ETF by 89.3% during 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 raised its position in shares of 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 during the last quarter. Stratos Wealth Partners LTD. bought a new position in Fidelity Quality Factor ETF in the 4th quarter worth about $4,529,000. Finally, Flavin Financial Services Inc. purchased a new stake in Fidelity Quality Factor ETF during the 4th quarter valued at about $766,000.

Fidelity Quality Factor ETF Price Performance

Fidelity Quality Factor ETF stock opened at $68.41 on Wednesday. Fidelity Quality Factor ETF has a one year low of $55.13 and a one year high of $68.61. The business’s fifty day moving average is $66.92 and its 200 day moving average is $65.25. The stock has a market capitalization of $1.06 billion, a PE ratio of 20.41 and a beta of 0.95.

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.