U.S.-based financial services firm Epstein & White Financial LLC, a unit of Epstein & White Retirement, has acquired a stake in exchange-traded fund Fidelity Quality Factor ETF, unit of Fidelity Asset Management.

Epstein & White Financial bought 440,113 shares of Fidelity Quality Factor’s stock, valued at approximately $13.2 million.

Recently, Harwood Advisory Group LLC also acquired a stake in Fidelity Quality Factor ETF valued at $949,000.

Epstein & White Financial has a market capitalization of about $38.83 billion.