Cullen Frost Bankers Inc. Has $143,000 Stake in Fidelity Quality Factor ETF (NYSEARCA:FQAL)

Cullen Frost Bankers Inc. boosted its position in Fidelity Quality Factor ETF (NYSEARCA:FQAL) by 140.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,183 shares of the company’s stock after purchasing an additional 1,276 shares during the period. Cullen Frost Bankers Inc.’s holdings in Fidelity Quality Factor ETF were worth $143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Sigma Planning Corp increased its position in shares of Fidelity Quality Factor ETF by 31.2% during 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 period. Prime Capital Investment Advisors LLC boosted its position in 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 during the last quarter. Colony Family Offices LLC grew its holdings in Fidelity Quality Factor ETF by 102.4% during 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 period. Cerity Partners LLC raised its position in shares of Fidelity Quality Factor ETF by 5.7% in the 3rd quarter. Cerity Partners LLC now owns 22,187 shares of the company’s stock worth $1,440,000 after acquiring an additional 1,199 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Fidelity Quality Factor ETF by 1.2% in 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 period.

Fidelity Quality Factor ETF Stock Performance

Fidelity Quality Factor ETF stock opened at $66.00 on Monday. The stock 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 has a 52-week low of $55.46 and a 52-week high of $69.23. The stock’s 50 day moving average price is $67.02 and its two-hundred day moving average price is $66.08.

About Fidelity Quality Factor ETF

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.