Cullen Frost Bankers Inc. Increases Holdings in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Cullen Frost Bankers Inc. raised its stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 140.7% during the fourth quarter, HoldingsChannel reports. The fund owned 2,183 shares of the company’s stock after buying an additional 1,276 shares during the period. Cullen Frost Bankers Inc.’s holdings in Fidelity Quality Factor ETF were worth $143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Sigma Planning Corp raised its holdings in Fidelity Quality Factor ETF by 31.2% in the third quarter. Sigma Planning Corp now owns 5,324 shares of the company’s stock worth $346,000 after buying an additional 1,266 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Fidelity Quality Factor ETF by 12.4% during the third 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 in the last quarter. Colony Family Offices LLC raised its holdings in Fidelity Quality Factor ETF by 102.4% in the 3rd quarter. Colony Family Offices LLC now owns 7,263 shares of the company’s stock worth $471,000 after acquiring an additional 3,675 shares during the last quarter. Cerity Partners LLC lifted its position in Fidelity Quality Factor ETF by 5.7% in the 3rd quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock valued at $1,440,000 after acquiring an additional 1,199 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in Fidelity Quality Factor ETF by 1.2% during the 3rd 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 last quarter.

Fidelity Quality Factor ETF Stock Performance

NYSEARCA FQAL opened at $66.00 on Monday. Fidelity Quality Factor ETF has a one year low of $55.46 and a one year high of $69.23. The stock has a 50-day moving average of $67.02 and a 200 day moving average of $66.08. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 28.24 and a beta of 0.99.

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.