Blue Trust Inc. Acquires New Shares in Fidelity Low Volatility Factor ETF $FDLO

Blue Trust Inc. acquired a new stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,071 shares of the company’s stock, valued at approximately $67,000.

A number of other large investors have also recently added to or reduced their stakes in FDLO. Abound Wealth Management acquired a new position in Fidelity Low Volatility Factor ETF in the second quarter valued at approximately $33,000. Roxbury Financial LLC lifted its stake in Fidelity Low Volatility Factor ETF by 495.0% during the second quarter. Roxbury Financial LLC now owns 2,124 shares of the company’s stock worth $133,000 after purchasing an additional 1,767 shares in the last quarter. Hoxton Planning & Management LLC acquired a new position in Fidelity Low Volatility Factor ETF during the first quarter worth $216,000. IFP Advisors Inc lifted its stake in Fidelity Low Volatility Factor ETF by 14.4% during the second quarter. IFP Advisors Inc now owns 3,511 shares of the company’s stock worth $220,000 after purchasing an additional 443 shares in the last quarter. Finally, Ascent Group LLC acquired a new position in Fidelity Low Volatility Factor ETF during the first quarter worth $224,000.

Fidelity Low Volatility Factor ETF Stock Up 0.8%

NYSEARCA:FDLO opened at $65.26 on Friday. The stock’s fifty day moving average is $65.15 and its two-hundred day moving average is $62.39. Fidelity Low Volatility Factor ETF has a 52 week low of $53.59 and a 52 week high of $66.36. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 24.34 and a beta of 0.85.

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.