D.A. Davidson & CO. lowered its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Get Rating) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,630 shares of the company’s stock after selling 1,191 shares during the quarter. D.A. Davidson & CO. owned 0.16% of Fidelity Low Volatility Factor ETF worth $768,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Capital Advisors Ltd. LLC purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at $30,000. Almanack Investment Partners LLC. purchased a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $109,000. Absolute Capital Management LLC purchased a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $136,000. Cetera Advisor Networks LLC purchased a new position in Fidelity Low Volatility Factor ETF in the 1st quarter worth $202,000. Finally, UBS Group AG raised its position in Fidelity Low Volatility Factor ETF by 7.3% in the 2nd quarter. UBS Group AG now owns 5,074 shares of the company’s stock worth $226,000 after purchasing an additional 345 shares during the period.
Fidelity Low Volatility Factor ETF Stock Up 0.6 %
Shares of NYSEARCA:FDLO opened at $48.77 on Friday. The stock has a market cap of $497.45 million, a PE ratio of 21.92 and a beta of 0.85. The company’s fifty day moving average is $46.89 and its 200 day moving average is $46.52. Fidelity Low Volatility Factor ETF has a 52 week low of $41.37 and a 52 week high of $49.30.
About Fidelity Low Volatility Factor ETF
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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