Fidelity Low Volatility Factor ETF $FDLO Stake Boosted by IFP Advisors Inc

IFP Advisors Inc increased its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 14.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,511 shares of the company’s stock after purchasing an additional 443 shares during the period. IFP Advisors Inc’s holdings in Fidelity Low Volatility Factor ETF were worth $220,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Private Advisor Group LLC lifted its position in Fidelity Low Volatility Factor ETF by 3.6% during the 1st quarter. Private Advisor Group LLC now owns 5,994 shares of the company’s stock worth $363,000 after acquiring an additional 208 shares during the last quarter. Valley Financial Group Inc. lifted its position in Fidelity Low Volatility Factor ETF by 5.3% during the 1st quarter. Valley Financial Group Inc. now owns 5,588 shares of the company’s stock worth $339,000 after acquiring an additional 283 shares during the last quarter. Nvwm LLC lifted its position in Fidelity Low Volatility Factor ETF by 1.9% during the 1st quarter. Nvwm LLC now owns 18,584 shares of the company’s stock worth $1,127,000 after acquiring an additional 355 shares during the last quarter. Cerity Partners LLC lifted its position in Fidelity Low Volatility Factor ETF by 9.6% during the 1st quarter. Cerity Partners LLC now owns 4,143 shares of the company’s stock worth $251,000 after acquiring an additional 363 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Low Volatility Factor ETF by 1.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 28,680 shares of the company’s stock worth $1,739,000 after acquiring an additional 379 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

Fidelity Low Volatility Factor ETF stock opened at $65.26 on Friday. The firm has a market cap of $1.38 billion, a price-to-earnings ratio of 24.34 and a beta of 0.85. Fidelity Low Volatility Factor ETF has a fifty-two week low of $53.59 and a fifty-two week high of $66.36. The firm has a fifty day moving average price of $65.15 and a two-hundred day moving average price of $62.39.

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.