Raymond James & Associates Buys 3,901 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Raymond James & Associates grew its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 4.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,844 shares of the company’s stock after purchasing an additional 3,901 shares during the period. Raymond James & Associates owned approximately 0.48% of Fidelity Low Volatility Factor ETF worth $5,451,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of FDLO. Lincoln National Corp raised its position in shares of Fidelity Low Volatility Factor ETF by 4.1% in the first quarter. Lincoln National Corp now owns 59,328 shares of the company’s stock valued at $3,333,000 after purchasing an additional 2,358 shares during the period. Absolute Capital Management LLC raised its position in shares of Fidelity Low Volatility Factor ETF by 44.0% in the first quarter. Absolute Capital Management LLC now owns 47,494 shares of the company’s stock valued at $2,668,000 after purchasing an additional 14,504 shares during the period. Avantax Advisory Services Inc. raised its position in shares of 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 during the period. Kestra Advisory Services LLC raised its position in shares of Fidelity Low Volatility Factor ETF by 7.7% in the first quarter. Kestra Advisory Services LLC now owns 315,684 shares of the company’s stock valued at $17,735,000 after purchasing an additional 22,625 shares during the period. Finally, Jane Street Group LLC grew its stake in Fidelity Low Volatility Factor ETF by 45.5% during the first quarter. Jane Street Group LLC now owns 78,575 shares of the company’s stock valued at $4,414,000 after acquiring an additional 24,559 shares in the last quarter.

Fidelity Low Volatility Factor ETF Trading Up 0.2 %

Shares of NYSEARCA:FDLO opened at $60.51 on Friday. The company has a 50 day moving average of $60.83 and a 200 day moving average of $58.17. The stock has a market cap of $1.13 billion, a P/E ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 12 month low of $49.08 and a 12 month high of $62.26.

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.