Birchcreek Wealth Management LLC Purchases New Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Birchcreek Wealth Management LLC acquired a new position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,373 shares of the company’s stock, valued at approximately $232,000.

Other hedge funds have also bought and sold shares of the company. Tyler Stone Wealth Management grew its position in shares of Fidelity Low Volatility Factor ETF by 3.6% during the 3rd quarter. Tyler Stone Wealth Management now owns 17,087 shares of the company’s stock valued at $831,000 after acquiring an additional 600 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of Fidelity Low Volatility Factor ETF by 8.5% during the third quarter. Avantax Advisory Services Inc. now owns 8,672 shares of the company’s stock worth $422,000 after purchasing an additional 683 shares in the last quarter. Westside Investment Management Inc. increased its stake in shares of Fidelity Low Volatility Factor ETF by 6.8% during the fourth quarter. Westside Investment Management Inc. now owns 12,105 shares of the company’s stock worth $641,000 after purchasing an additional 775 shares in the last quarter. Kowal Investment Group LLC lifted its stake in Fidelity Low Volatility Factor ETF by 9.2% in the 4th quarter. Kowal Investment Group LLC now owns 11,549 shares of the company’s stock valued at $612,000 after buying an additional 977 shares in the last quarter. Finally, Asset Allocation Strategies LLC boosted its holdings in Fidelity Low Volatility Factor ETF by 6.5% in the 3rd quarter. Asset Allocation Strategies LLC now owns 24,677 shares of the company’s stock worth $1,200,000 after buying an additional 1,509 shares during the last quarter.

Fidelity Low Volatility Factor ETF Trading Up 0.2 %

NYSEARCA:FDLO opened at $54.56 on Tuesday. The stock has a 50 day moving average of $55.15 and a two-hundred day moving average of $53.18. Fidelity Low Volatility Factor ETF has a 12 month low of $47.41 and a 12 month high of $56.27. The firm has a market cap of $995.72 million, a P/E ratio of 25.82 and a beta of 0.71.

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.