Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Get Free Report) reached a new 52-week high on Thursday. The stock traded as high as $73.72 and last traded at $73.7490, with a volume of 4,078 shares trading hands. The stock had previously closed at $73.17.
Fidelity Low Volatility Factor ETF Price Performance
The company has a market capitalization of $1.47 billion, a PE ratio of 24.34 and a beta of 0.76. The company has a 50 day moving average of $72.24 and a two-hundred day moving average of $70.10.
Institutional Trading of Fidelity Low Volatility Factor ETF
Hedge funds have recently modified their holdings of the business. IFP Advisors Inc grew its position in shares of Fidelity Low Volatility Factor ETF by 4.3% in the 2nd quarter. IFP Advisors Inc now owns 3,434 shares of the company’s stock worth $235,000 after buying an additional 143 shares during the period. Fifth Third Bancorp lifted its position in Fidelity Low Volatility Factor ETF by 149.2% during the 1st quarter. Fifth Third Bancorp now owns 658 shares of the company’s stock valued at $42,000 after acquiring an additional 394 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in Fidelity Low Volatility Factor ETF by 2.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 15,281 shares of the company’s stock valued at $1,044,000 after acquiring an additional 402 shares during the period. Roxbury Financial LLC boosted its stake in Fidelity Low Volatility Factor ETF by 3.3% during the second quarter. Roxbury Financial LLC now owns 15,230 shares of the company’s stock worth $1,041,000 after acquiring an additional 493 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Fidelity Low Volatility Factor ETF by 9.0% during the first quarter. Bank of New York Mellon Corp now owns 6,861 shares of the company’s stock worth $443,000 after acquiring an additional 564 shares in the last quarter.
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.
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