Kowal Investment Group LLC Buys 740 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Kowal Investment Group LLC grew its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 6.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,016 shares of the company’s stock after buying an additional 740 shares during the quarter. Kowal Investment Group LLC owned 0.06% of Fidelity Low Volatility Factor ETF worth $685,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Voisard Asset Management Group Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF in the fourth quarter worth about $26,000. Gradient Investments LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the second quarter worth about $33,000. Clarity Asset Management Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF in the fourth quarter worth about $115,000. Key Financial Inc bought a new stake in shares of Fidelity Low Volatility Factor ETF in the second quarter worth about $138,000. Finally, Carnegie Investment Counsel bought a new stake in shares of Fidelity Low Volatility Factor ETF in the second quarter worth about $232,000.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA FDLO opened at $60.84 on Friday. The stock has a market capitalization of $1.14 billion, a PE ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 1 year low of $47.41 and a 1 year high of $61.23. The business’s 50-day moving average is $59.06 and its 200 day moving average is $56.98.

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.