Commonwealth Equity Services LLC Raises Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Commonwealth Equity Services LLC raised its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 718,103 shares of the company’s stock after acquiring an additional 17,699 shares during the quarter. Commonwealth Equity Services LLC owned approximately 6.62% of Fidelity Low Volatility Factor ETF worth $38,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. UBS Group AG lifted its stake in shares of Fidelity Low Volatility Factor ETF by 3,657.2% during the 3rd quarter. UBS Group AG now owns 132,329 shares of the company’s stock valued at $6,435,000 after buying an additional 128,807 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $12,890,000. Westside Investment Management Inc. lifted its stake in shares of Fidelity Low Volatility Factor ETF by 10.4% during the 3rd quarter. Westside Investment Management Inc. now owns 11,330 shares of the company’s stock valued at $551,000 after buying an additional 1,065 shares in the last quarter. Asset Allocation Strategies LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 6.5% during the 3rd quarter. Asset Allocation Strategies LLC now owns 24,677 shares of the company’s stock valued at $1,200,000 after buying an additional 1,509 shares in the last quarter. Finally, Kowal Investment Group LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 9.2% during 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.

Fidelity Low Volatility Factor ETF Stock Performance

FDLO opened at $54.70 on Friday. Fidelity Low Volatility Factor ETF has a fifty-two week low of $47.41 and a fifty-two week high of $56.27. The firm’s fifty day moving average is $55.08 and its 200 day moving average is $53.29. The stock has a market cap of $998.28 million, a price-to-earnings 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.