Abundance Wealth Counselors Sells 166 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Abundance Wealth Counselors reduced its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 194,733 shares of the company’s stock after selling 166 shares during the quarter. Fidelity Low Volatility Factor ETF makes up approximately 2.6% of Abundance Wealth Counselors’ portfolio, making the stock its 8th largest position. Abundance Wealth Counselors owned about 1.04% of Fidelity Low Volatility Factor ETF worth $11,799,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FDLO. Brookstone Capital Management boosted its holdings in Fidelity Low Volatility Factor ETF by 16.5% in the fourth quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock worth $462,000 after purchasing an additional 1,078 shares in the last quarter. Stifel Financial Corp boosted its stake in shares of Fidelity Low Volatility Factor ETF by 19.0% during the 3rd quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock worth $2,050,000 after acquiring an additional 5,341 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Fidelity Low Volatility Factor ETF by 4.6% during the 3rd quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock valued at $5,451,000 after acquiring an additional 3,901 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $552,000. Finally, Jane Street Group LLC bought a new stake in Fidelity Low Volatility Factor ETF during the third quarter worth approximately $1,514,000.

Fidelity Low Volatility Factor ETF Trading Down 0.2 %

Shares of Fidelity Low Volatility Factor ETF stock opened at $62.47 on Friday. The firm has a fifty day simple moving average of $61.67 and a 200-day simple moving average of $60.67. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 1-year low of $53.62 and a 1-year high of $63.19.

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.