International Assets Investment Management LLC bought a new position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,549 shares of the company’s stock, valued at approximately $260,000. International Assets Investment Management LLC owned approximately 0.05% of Fidelity Low Volatility Factor ETF at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the stock. AE Wealth Management LLC increased its stake in Fidelity Low Volatility Factor ETF by 31.8% in the first quarter. AE Wealth Management LLC now owns 20,656 shares of the company’s stock valued at $981,000 after acquiring an additional 4,980 shares during the last quarter. Mechanics Bank Trust Department increased its stake in Fidelity Low Volatility Factor ETF by 4.4% in the first quarter. Mechanics Bank Trust Department now owns 44,259 shares of the company’s stock valued at $2,101,000 after acquiring an additional 1,855 shares during the last quarter. BMS Financial Advisors LLC bought a new position in Fidelity Low Volatility Factor ETF in the first quarter valued at $717,000. Sound Income Strategies LLC bought a new position in Fidelity Low Volatility Factor ETF in the first quarter valued at $34,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Fidelity Low Volatility Factor ETF by 13.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 29,583 shares of the company’s stock valued at $1,366,000 after acquiring an additional 3,492 shares during the last quarter.
Fidelity Low Volatility Factor ETF Stock Down 0.2 %
FDLO opened at $50.03 on Tuesday. The stock has a market cap of $517.81 million, a PE ratio of 21.92 and a beta of 0.85. Fidelity Low Volatility Factor ETF has a 52 week low of $41.37 and a 52 week high of $50.18. The business’s fifty day simple moving average is $48.75 and its 200 day simple moving average is $47.46.
Fidelity Low Volatility Factor ETF 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.
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