Capital Analysts LLC Lowers Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Capital Analysts LLC trimmed its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,417 shares of the company’s stock after selling 4,815 shares during the period. Capital Analysts LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $3,094,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada increased its holdings in shares of Fidelity Low Volatility Factor ETF by 0.3% in the third quarter. Royal Bank of Canada now owns 73,249 shares of the company’s stock worth $3,562,000 after purchasing an additional 213 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Fidelity Low Volatility Factor ETF by 0.4% in the first quarter. NewEdge Advisors LLC now owns 58,940 shares of the company’s stock worth $2,947,000 after purchasing an additional 232 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Fidelity Low Volatility Factor ETF by 3.8% in the fourth quarter. Raymond James & Associates now owns 7,969 shares of the company’s stock worth $368,000 after purchasing an additional 292 shares during the last quarter. UBS Group AG increased its holdings in shares of Fidelity Low Volatility Factor ETF by 7.3% in the second quarter. UBS Group AG now owns 5,074 shares of the company’s stock worth $226,000 after purchasing an additional 345 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in Fidelity Low Volatility Factor ETF by 0.5% during the third quarter. Thrivent Financial for Lutherans now owns 91,095 shares of the company’s stock worth $3,873,000 after acquiring an additional 432 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

Shares of NYSEARCA FDLO opened at $54.03 on Tuesday. The business’s 50 day moving average is $55.26 and its two-hundred day moving average is $52.81. Fidelity Low Volatility Factor ETF has a 1-year low of $47.41 and a 1-year high of $56.27. The stock has a market capitalization of $586.23 million, a P/E ratio of 24.27 and a beta of 0.85.

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.