Almanack Investment Partners LLC. Purchases New Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Almanack Investment Partners LLC. purchased a new stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLOGet Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,589 shares of the company’s stock, valued at approximately $109,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FDLO. NewEdge Advisors LLC grew its holdings in Fidelity Low Volatility Factor ETF by 0.4% during the 1st quarter. NewEdge Advisors LLC now owns 58,940 shares of the company’s stock worth $2,947,000 after acquiring an additional 232 shares during the last quarter. UBS Group AG grew its holdings in Fidelity Low Volatility Factor ETF by 7.3% during the 2nd quarter. UBS Group AG now owns 5,074 shares of the company’s stock worth $226,000 after acquiring an additional 345 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in Fidelity Low Volatility Factor ETF by 0.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 91,095 shares of the company’s stock worth $3,873,000 after acquiring an additional 432 shares during the last quarter. IFP Advisors Inc grew its holdings in Fidelity Low Volatility Factor ETF by 3.1% during the 3rd quarter. IFP Advisors Inc now owns 17,154 shares of the company’s stock worth $534,000 after acquiring an additional 512 shares during the last quarter. Finally, Capital Advisors Ltd. LLC bought a new stake in Fidelity Low Volatility Factor ETF during the 3rd quarter worth approximately $30,000.

Fidelity Low Volatility Factor ETF Stock Performance

NYSEARCA:FDLO opened at $45.63 on Wednesday. The firm’s fifty day moving average is $46.66 and its 200-day moving average is $45.89. Fidelity Low Volatility Factor ETF has a 52 week low of $41.37 and a 52 week high of $50.76. The firm has a market cap of $476.83 million, a P/E ratio of 21.92 and a beta of 0.86.

Fidelity Low Volatility Factor ETF Company Profile

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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.

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Institutional Ownership by Quarter for Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

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