Strategic Blueprint LLC Purchases Shares of 14,494 Fidelity Low Volatility Factor ETF $FDLO

Strategic Blueprint LLC purchased a new stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,494 shares of the company’s stock, valued at approximately $910,000.

Several other large investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its holdings in Fidelity Low Volatility Factor ETF by 10.5% in the 2nd quarter. Brookstone Capital Management now owns 8,581 shares of the company’s stock valued at $539,000 after acquiring an additional 816 shares in the last quarter. Cullen Frost Bankers Inc. grew its stake in shares of Fidelity Low Volatility Factor ETF by 6.7% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 8,249 shares of the company’s stock valued at $518,000 after purchasing an additional 515 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Fidelity Low Volatility Factor ETF by 14.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 15,777 shares of the company’s stock valued at $991,000 after purchasing an additional 2,039 shares during the period. CWM LLC grew its stake in shares of Fidelity Low Volatility Factor ETF by 233.3% in the 2nd quarter. CWM LLC now owns 700 shares of the company’s stock valued at $44,000 after purchasing an additional 490 shares during the period. Finally, Blue Trust Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at approximately $67,000.

Fidelity Low Volatility Factor ETF Trading Up 0.3%

FDLO stock opened at $65.97 on Friday. Fidelity Low Volatility Factor ETF has a 1-year low of $53.59 and a 1-year high of $66.36. The firm has a market cap of $1.40 billion, a P/E ratio of 24.34 and a beta of 0.85. The business’s 50 day moving average is $65.32 and its 200-day moving average is $62.70.

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.