9,001 Shares in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,001 shares of the company’s stock, valued at approximately $552,000.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. grew its stake in shares of Fidelity Low Volatility Factor ETF by 344.5% during the first quarter. Sunbelt Securities Inc. now owns 6,330 shares of the company’s stock worth $356,000 after purchasing an additional 4,906 shares in the last quarter. Westside Investment Management Inc. increased its holdings in shares of Fidelity Low Volatility Factor ETF by 17.1% in the 1st quarter. Westside Investment Management Inc. now owns 14,175 shares of the company’s stock valued at $796,000 after acquiring an additional 2,070 shares during the last quarter. Lincoln National Corp raised its position in shares of Fidelity Low Volatility Factor ETF by 4.1% during the 1st quarter. Lincoln National Corp now owns 59,328 shares of the company’s stock worth $3,333,000 after acquiring an additional 2,358 shares in the last quarter. Absolute Capital Management LLC lifted its stake in Fidelity Low Volatility Factor ETF by 44.0% during the first quarter. Absolute Capital Management LLC now owns 47,494 shares of the company’s stock worth $2,668,000 after purchasing an additional 14,504 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in Fidelity Low Volatility Factor ETF by 6.3% in the first quarter. Avantax Advisory Services Inc. now owns 9,763 shares of the company’s stock valued at $548,000 after purchasing an additional 576 shares in the last quarter.

Fidelity Low Volatility Factor ETF Trading Down 0.4 %

FDLO stock opened at $61.15 on Friday. The stock has a market cap of $1.14 billion, a P/E ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a twelve month low of $47.41 and a twelve month high of $62.26. The company’s 50 day moving average is $60.68 and its two-hundred day moving average is $57.95.

Fidelity Low Volatility Factor ETF 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.