Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Sets New 12-Month High – Here’s What Happened

Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $74.43 and last traded at $74.39, with a volume of 15,445 shares traded. The stock had previously closed at $74.23.

Fidelity Low Volatility Factor ETF Stock Performance

The firm has a market cap of $1.51 billion, a PE ratio of 24.34 and a beta of 0.76. The firm has a fifty day simple moving average of $72.49 and a two-hundred day simple moving average of $69.62.

Institutional Investors Weigh In On Fidelity Low Volatility Factor ETF

Several institutional investors have recently made changes to their positions in the company. CoreCap Advisors LLC bought a new position in Fidelity Low Volatility Factor ETF in the 2nd quarter valued at $40,000. Fifth Third Bancorp increased its stake in Fidelity Low Volatility Factor ETF by 149.2% in the first quarter. Fifth Third Bancorp now owns 658 shares of the company’s stock worth $42,000 after purchasing an additional 394 shares during the period. Integrity Alliance LLC. purchased a new stake in Fidelity Low Volatility Factor ETF in the third quarter worth $227,000. IFP Advisors Inc lifted its position in shares of Fidelity Low Volatility Factor ETF by 4.3% during the second quarter. IFP Advisors Inc now owns 3,434 shares of the company’s stock worth $235,000 after purchasing an additional 143 shares during the last quarter. Finally, Aviance Capital Partners LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter worth $251,000.

Fidelity Low Volatility Factor ETF Company Profile

(Get Free Report)

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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