Fmr LLC Boosts Stock Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Fmr LLC grew its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 15.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,352,065 shares of the company’s stock after acquiring an additional 1,279,047 shares during the period. Fmr LLC owned 50.01% of Fidelity Low Volatility Factor ETF worth $573,749,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Gradient Investments LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the second quarter worth $33,000. Truvestments Capital LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter worth $49,000. Key Financial Inc bought a new position in shares of Fidelity Low Volatility Factor ETF in the second quarter worth $138,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter worth $193,000. Finally, Aptus Capital Advisors LLC increased its holdings in shares of Fidelity Low Volatility Factor ETF by 51.8% in the third quarter. Aptus Capital Advisors LLC now owns 3,173 shares of the company’s stock worth $195,000 after purchasing an additional 1,083 shares during the period.

Fidelity Low Volatility Factor ETF Stock Down 0.0 %

FDLO opened at $62.93 on Friday. The stock has a market cap of $1.18 billion, a PE ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 52 week low of $51.45 and a 52 week high of $63.17. The business’s fifty day simple moving average is $61.49 and its 200 day simple moving average is $59.15.

Fidelity Low Volatility Factor ETF Company Profile

The Fidelity Low Volatility Factor ETF (FDLO) is an exchange-traded fund that is based on the Fidelity U.S. Low Volatility Factor index. The fund tracks an index of large- and mid-cap US stocks selected for low volatility of returns and earnings. FDLO was launched on Sep 12, 2016 and is managed by Fidelity.