Hershey Financial Advisers LLC bought a new position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report) in the first quarter, HoldingsChannel reports. The firm bought 18,727 shares of the company’s stock, valued at approximately $1,210,000.
Other large investors have also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its position in Fidelity Low Volatility Factor ETF by 9.0% in the first quarter. Bank of New York Mellon Corp now owns 6,861 shares of the company’s stock worth $443,000 after buying an additional 564 shares during the last quarter. Sigma Planning Corp increased its position in Fidelity Low Volatility Factor ETF by 6.7% during the first quarter. Sigma Planning Corp now owns 9,577 shares of the company’s stock valued at $619,000 after acquiring an additional 601 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of Fidelity Low Volatility Factor ETF by 149.2% in the first quarter. Fifth Third Bancorp now owns 658 shares of the company’s stock valued at $42,000 after acquiring an additional 394 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in shares of Fidelity Low Volatility Factor ETF by 3.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 31,808 shares of the company’s stock worth $2,054,000 after acquiring an additional 1,002 shares during the last quarter. Finally, RFG Advisory LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 1st quarter worth about $354,000.
Fidelity Low Volatility Factor ETF Trading Down 0.5%
FDLO stock opened at $70.05 on Friday. Fidelity Low Volatility Factor ETF has a 12 month low of $62.23 and a 12 month high of $70.71. The company has a 50-day moving average price of $69.42 and a 200 day moving average price of $68.02. The stock has a market cap of $1.40 billion, a PE ratio of 24.34 and a beta of 0.77.
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.
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Want to see what other hedge funds are holding FDLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report).
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