Fidelity Low Volatility Factor ETF $FDLO Shares Sold by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. lessened its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 5.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,604 shares of the company’s stock after selling 289 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $289,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its position in Fidelity Low Volatility Factor ETF by 5,962.0% during the 1st quarter. GAMMA Investing LLC now owns 11,639 shares of the company’s stock worth $706,000 after purchasing an additional 11,447 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Fidelity Low Volatility Factor ETF by 3.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 611,643 shares of the company’s stock worth $37,078,000 after purchasing an additional 19,305 shares in the last quarter. LPL Financial LLC increased its position in Fidelity Low Volatility Factor ETF by 17.5% during the 1st quarter. LPL Financial LLC now owns 197,160 shares of the company’s stock worth $11,952,000 after purchasing an additional 29,302 shares in the last quarter. Raymond James Financial Inc. increased its position in Fidelity Low Volatility Factor ETF by 0.6% during the 1st quarter. Raymond James Financial Inc. now owns 102,697 shares of the company’s stock worth $6,225,000 after purchasing an additional 603 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in Fidelity Low Volatility Factor ETF by 26.3% in the first quarter. Atria Wealth Solutions Inc. now owns 9,702 shares of the company’s stock valued at $588,000 after acquiring an additional 2,020 shares in the last quarter.

Fidelity Low Volatility Factor ETF Stock Up 0.2%

Shares of NYSEARCA:FDLO opened at $65.37 on Thursday. Fidelity Low Volatility Factor ETF has a 52-week low of $53.59 and a 52-week high of $66.36. The company has a 50 day moving average of $65.09 and a two-hundred day moving average of $62.33. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 24.34 and a beta of 0.85.

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.