Orgel Wealth Management LLC Sells 19,892 Shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Orgel Wealth Management LLC decreased its position in shares of Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 964,773 shares of the company’s stock after selling 19,892 shares during the quarter. Fidelity Quality Factor ETF accounts for approximately 1.6% of Orgel Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Orgel Wealth Management LLC owned 0.06% of Fidelity Quality Factor ETF worth $63,125,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. boosted its holdings in shares of Fidelity Quality Factor ETF by 5.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 103,479 shares of the company’s stock valued at $6,716,000 after purchasing an additional 5,564 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Fidelity Quality Factor ETF by 4.9% in the second quarter. Cetera Investment Advisers now owns 63,095 shares of the company’s stock valued at $3,869,000 after buying an additional 2,958 shares during the period. AE Wealth Management LLC increased its position in Fidelity Quality Factor ETF by 16.1% in the 2nd quarter. AE Wealth Management LLC now owns 55,885 shares of the company’s stock valued at $3,427,000 after acquiring an additional 7,759 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Fidelity Quality Factor ETF by 1.2% in the third quarter. Rockefeller Capital Management L.P. now owns 38,352 shares of the company’s stock valued at $2,488,000 after purchasing an additional 472 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Fidelity Quality Factor ETF by 0.7% in the third quarter. Allworth Financial LP now owns 37,603 shares of the company’s stock valued at $2,440,000 after buying an additional 250 shares during the period.

Fidelity Quality Factor ETF Stock Performance

Fidelity Quality Factor ETF stock opened at $66.78 on Friday. Fidelity Quality Factor ETF has a 52-week low of $53.85 and a 52-week high of $68.61. The firm has a 50 day moving average price of $66.78 and a two-hundred day moving average price of $64.63. The firm has a market cap of $1.04 billion, a price-to-earnings 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.