6,925 Fidelity Low Volatility Factor ETF $FDLO Shares Sold by GFG Capital LLC

GFG Capital LLC lessened its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 6.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 93,746 shares of the company’s stock after selling 6,925 shares during the period. Fidelity Low Volatility Factor ETF accounts for 1.6% of GFG Capital LLC’s portfolio, making the stock its 21st biggest holding. GFG Capital LLC owned about 0.47% of Fidelity Low Volatility Factor ETF worth $6,624,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FDLO. Corient Private Wealth LP grew its holdings in shares of Fidelity Low Volatility Factor ETF by 1,667.4% in the 2nd quarter. Corient Private Wealth LP now owns 186,302 shares of the company’s stock worth $12,731,000 after acquiring an additional 175,761 shares during the last quarter. Ameritas Advisory Services LLC raised its position in shares of Fidelity Low Volatility Factor ETF by 138.3% during the second quarter. Ameritas Advisory Services LLC now owns 254,114 shares of the company’s stock worth $17,365,000 after purchasing an additional 147,473 shares during the period. First Trust Advisors LP purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the first quarter valued at $7,959,000. Mechanics Bank Trust Department purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter valued at $6,304,000. Finally, Hershey Financial Advisers LLC purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the first quarter valued at $1,210,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA:FDLO traded down $0.16 during midday trading on Friday, reaching $73.57. The company had a trading volume of 109,904 shares, compared to its average volume of 64,899. Fidelity Low Volatility Factor ETF has a 1-year low of $63.36 and a 1-year high of $74.16. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 24.34 and a beta of 0.76. The company has a fifty day simple moving average of $72.25 and a two-hundred day simple moving average of $70.20.

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.