Roxbury Financial LLC Grows Stock Holdings in Fidelity Low Volatility Factor ETF $FDLO

Roxbury Financial LLC grew its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 473.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 14,071 shares of the company’s stock after purchasing an additional 11,618 shares during the quarter. Roxbury Financial LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $939,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Fidelity Low Volatility Factor ETF by 8.5% during the third quarter. Bank of America Corp DE now owns 481,167 shares of the company’s stock valued at $31,694,000 after acquiring an additional 37,654 shares in the last quarter. Campbell Deegan Wealth Management LLC increased its holdings in Fidelity Low Volatility Factor ETF by 1.5% during the 3rd quarter. Campbell Deegan Wealth Management LLC now owns 319,410 shares of the company’s stock worth $21,040,000 after purchasing an additional 4,677 shares during the period. Corient Private Wealth LLC raised its position in Fidelity Low Volatility Factor ETF by 0.3% during the 2nd quarter. Corient Private Wealth LLC now owns 236,209 shares of the company’s stock valued at $14,834,000 after purchasing an additional 682 shares in the last quarter. NewEdge Advisors LLC raised its position in Fidelity Low Volatility Factor ETF by 49.5% during the 2nd quarter. NewEdge Advisors LLC now owns 176,211 shares of the company’s stock valued at $11,066,000 after purchasing an additional 58,317 shares in the last quarter. Finally, Running Point Capital Advisors LLC lifted its holdings in shares of Fidelity Low Volatility Factor ETF by 4.9% in the 3rd quarter. Running Point Capital Advisors LLC now owns 174,050 shares of the company’s stock worth $11,465,000 after buying an additional 8,148 shares during the period.

Fidelity Low Volatility Factor ETF Trading Down 0.2%

FDLO opened at $65.17 on Friday. Fidelity Low Volatility Factor ETF has a 12-month low of $53.59 and a 12-month high of $68.71. The business’s fifty day simple moving average is $67.62 and its 200-day simple moving average is $66.67. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 24.34 and a beta of 0.80.

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.