Commonwealth Equity Services LLC Buys 23,477 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Commonwealth Equity Services LLC boosted its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 748,404 shares of the company’s stock after acquiring an additional 23,477 shares during the period. Commonwealth Equity Services LLC owned 4.00% of Fidelity Low Volatility Factor ETF worth $45,346,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FDLO. FMR LLC boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 15.8% during the 3rd quarter. FMR LLC now owns 9,352,065 shares of the company’s stock valued at $573,749,000 after buying an additional 1,279,047 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at $16,976,000. Raymond James Financial Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $6,186,000. Tempus Wealth Planning LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $1,678,000. Finally, Jane Street Group LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at $1,514,000.

Fidelity Low Volatility Factor ETF Trading Up 1.2 %

Shares of FDLO stock opened at $60.15 on Friday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.62 and a 12 month high of $63.32. The stock has a market cap of $1.35 billion, a PE ratio of 25.52 and a beta of 0.86. The company’s fifty day moving average price is $61.72 and its 200-day moving average price is $61.48.

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.