Fidelity Low Volatility Factor ETF $FDLO Position Boosted by Brookstone Capital Management

Brookstone Capital Management lifted its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,581 shares of the company’s stock after buying an additional 816 shares during the quarter. Brookstone Capital Management’s holdings in Fidelity Low Volatility Factor ETF were worth $539,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Abound Wealth Management bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at approximately $33,000. 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 buying an additional 490 shares in the last quarter. Blue Trust Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at approximately $67,000. Roxbury Financial LLC grew its stake in shares of Fidelity Low Volatility Factor ETF by 495.0% in the 2nd quarter. Roxbury Financial LLC now owns 2,124 shares of the company’s stock valued at $133,000 after buying an additional 1,767 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Fidelity Low Volatility Factor ETF by 14.4% in the 2nd quarter. IFP Advisors Inc now owns 3,511 shares of the company’s stock valued at $220,000 after buying an additional 443 shares in the last quarter.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA FDLO opened at $65.97 on Monday. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 24.34 and a beta of 0.85. The business has a 50 day simple moving average of $65.32 and a 200 day simple moving average of $62.79. Fidelity Low Volatility Factor ETF has a 52 week low of $53.59 and a 52 week high of $66.36.

Fidelity Low Volatility Factor ETF Company 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.