Howard Capital Management Inc. Grows Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Howard Capital Management Inc. lifted its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 81.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 32,388 shares of the company’s stock after purchasing an additional 14,585 shares during the quarter. Howard Capital Management Inc. owned about 0.17% of Fidelity Low Volatility Factor ETF worth $1,962,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Brookstone Capital Management raised its stake in shares of Fidelity Low Volatility Factor ETF by 16.5% in the 4th quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock valued at $462,000 after acquiring an additional 1,078 shares during the period. Stifel Financial Corp raised its position in Fidelity Low Volatility Factor ETF by 19.0% in the third quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock valued at $2,050,000 after purchasing an additional 5,341 shares during the period. Raymond James & Associates lifted its stake in shares of Fidelity Low Volatility Factor ETF by 4.6% during the third quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock worth $5,451,000 after purchasing an additional 3,901 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Fidelity Low Volatility Factor ETF in the third quarter worth about $1,514,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF in the third quarter valued at about $101,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA:FDLO opened at $62.35 on Monday. The business’s 50-day simple moving average is $61.61 and its 200 day simple moving average is $61.20. The company has a market cap of $1.17 billion, a P/E ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a one year low of $53.62 and a one year high of $63.32.

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.