LPL Financial LLC Acquires 9,014 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

LPL Financial LLC increased its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 5.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 167,858 shares of the company’s stock after purchasing an additional 9,014 shares during the quarter. LPL Financial LLC owned approximately 0.90% of Fidelity Low Volatility Factor ETF worth $10,171,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Brookstone Capital Management increased its stake in shares of Fidelity Low Volatility Factor ETF by 16.5% during the 4th quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock worth $462,000 after purchasing an additional 1,078 shares during the last quarter. Stifel Financial Corp increased its position in Fidelity Low Volatility Factor ETF by 19.0% during the third quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock worth $2,050,000 after buying an additional 5,341 shares during the last quarter. Atria Wealth Solutions Inc. increased its position in Fidelity Low Volatility Factor ETF by 25.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 7,682 shares of the company’s stock worth $465,000 after buying an additional 1,575 shares during the last quarter. Jane Street Group LLC bought a new stake in Fidelity Low Volatility Factor ETF in the third quarter valued at approximately $1,514,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF in the third quarter valued at approximately $101,000.

Fidelity Low Volatility Factor ETF Stock Down 5.3 %

Shares of FDLO stock opened at $55.89 on Friday. Fidelity Low Volatility Factor ETF has a 12-month low of $53.62 and a 12-month high of $63.32. The firm has a 50 day moving average price of $61.55 and a two-hundred day moving average price of $61.49. The company has a market capitalization of $1.25 billion, a PE ratio of 24.70 and a beta of 0.86.

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.