Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Shares Sold by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC trimmed its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 7.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,584 shares of the company’s stock after selling 763 shares during the period. Samalin Investment Counsel LLC owned about 0.05% of Fidelity Low Volatility Factor ETF worth $581,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Brookstone Capital Management raised its position in shares of Fidelity Low Volatility Factor ETF by 16.5% in the 4th quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock valued at $462,000 after purchasing an additional 1,078 shares in the last quarter. Stifel Financial Corp raised its position in shares of Fidelity Low Volatility Factor ETF by 19.0% during the 3rd quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock valued at $2,050,000 after acquiring an additional 5,341 shares in the last quarter. Atria Wealth Solutions Inc. raised its position in shares of Fidelity Low Volatility Factor ETF by 25.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 7,682 shares of the company’s stock valued at $465,000 after acquiring an additional 1,575 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at approximately $1,514,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at approximately $101,000.

Fidelity Low Volatility Factor ETF Trading Down 0.3 %

FDLO stock opened at $60.25 on Friday. The firm has a market cap of $1.34 billion, a P/E ratio of 24.70 and a beta of 0.86. Fidelity Low Volatility Factor ETF has a 12-month low of $53.62 and a 12-month high of $63.32. The stock’s 50 day simple moving average is $61.74 and its 200 day simple moving average is $61.50.

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.