RMR Wealth Builders Sells 1,847 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

RMR Wealth Builders reduced its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 32.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,865 shares of the company’s stock after selling 1,847 shares during the quarter. RMR Wealth Builders’ holdings in Fidelity Low Volatility Factor ETF were worth $217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Voisard Asset Management Group Inc. purchased a new position in Fidelity Low Volatility Factor ETF in the 4th quarter worth approximately $26,000. Clarity Asset Management Inc. purchased a new position in shares of Fidelity Low Volatility Factor ETF in the fourth quarter worth $115,000. GDS Wealth Management bought a new position in shares of Fidelity Low Volatility Factor ETF during the fourth quarter worth $209,000. Birchcreek Wealth Management LLC purchased a new position in Fidelity Low Volatility Factor ETF during the fourth quarter valued at $232,000. Finally, VitalStone Financial LLC purchased a new position in Fidelity Low Volatility Factor ETF during the third quarter valued at $248,000.

Fidelity Low Volatility Factor ETF Stock Up 0.2 %

Shares of FDLO stock opened at $57.30 on Friday. The company’s fifty day simple moving average is $55.83 and its two-hundred day simple moving average is $54.85. Fidelity Low Volatility Factor ETF has a 52 week low of $47.41 and a 52 week high of $57.67. The stock has a market cap of $1.07 billion, a P/E ratio of 26.48 and a beta of 0.69.

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.