Jane Street Group LLC Makes New $1.51 Million Investment in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Jane Street Group LLC acquired a new stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,675 shares of the company’s stock, valued at approximately $1,514,000. Jane Street Group LLC owned 0.13% of Fidelity Low Volatility Factor ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FDLO. Truvestments Capital LLC bought a new stake in Fidelity Low Volatility Factor ETF in the 3rd quarter valued at $49,000. Key Financial Inc acquired a new position in shares of Fidelity Low Volatility Factor ETF in the second quarter valued at $138,000. Darwin Wealth Management LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter valued at about $193,000. Aptus Capital Advisors LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 51.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,173 shares of the company’s stock worth $195,000 after buying an additional 1,083 shares during the last quarter. Finally, OmniStar Financial Group Inc. bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter worth about $202,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of FDLO opened at $61.78 on Friday. The firm has a market cap of $1.16 billion, a P/E ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 52 week low of $52.29 and a 52 week high of $63.19. The firm’s 50-day simple moving average is $61.93 and its 200 day simple moving average is $60.00.

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.