Fidelity Low Volatility Factor ETF $FDLO Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lessened its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,558 shares of the company’s stock after selling 10,819 shares during the period. Corient Private Wealth LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $14,355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of FDLO. Axxcess Wealth Management LLC acquired a new position in Fidelity Low Volatility Factor ETF in the 4th quarter worth about $206,000. Mercer Global Advisors Inc. ADV grew its holdings in Fidelity Low Volatility Factor ETF by 2.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,310 shares of the company’s stock valued at $488,000 after purchasing an additional 180 shares during the period. Cetera Investment Advisers grew its holdings in Fidelity Low Volatility Factor ETF by 19.4% in the fourth quarter. Cetera Investment Advisers now owns 241,166 shares of the company’s stock valued at $16,098,000 after purchasing an additional 39,160 shares during the period. Equitable Holdings Inc. increased its position in shares of Fidelity Low Volatility Factor ETF by 3.7% in the fourth quarter. Equitable Holdings Inc. now owns 4,239 shares of the company’s stock valued at $283,000 after buying an additional 151 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Fidelity Low Volatility Factor ETF by 0.4% in the fourth quarter. Osaic Holdings Inc. now owns 130,116 shares of the company’s stock valued at $8,690,000 after buying an additional 517 shares in the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

Shares of FDLO stock opened at $67.83 on Wednesday. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 24.34 and a beta of 0.77. The stock has a 50 day simple moving average of $69.03 and a 200-day simple moving average of $67.72. Fidelity Low Volatility Factor ETF has a 1-year low of $61.63 and a 1-year high of $70.52.

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.