Sunbelt Securities Inc. increased its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report) by 344.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,330 shares of the company’s stock after purchasing an additional 4,906 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.06% of Fidelity Low Volatility Factor ETF worth $356,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Voisard Asset Management Group Inc. bought a new position in shares of Fidelity Low Volatility Factor ETF in the 4th quarter valued at about $26,000. Clarity Asset Management Inc. acquired a new position in Fidelity Low Volatility Factor ETF in the fourth quarter valued at approximately $115,000. GDS Wealth Management bought a new position in Fidelity Low Volatility Factor ETF in the fourth quarter valued at approximately $209,000. Birchcreek Wealth Management LLC acquired a new stake in Fidelity Low Volatility Factor ETF during the 4th quarter worth $232,000. Finally, VitalStone Financial LLC acquired a new stake in Fidelity Low Volatility Factor ETF during the 3rd quarter worth $248,000.
Fidelity Low Volatility Factor ETF Stock Up 0.2 %
FDLO stock opened at $57.30 on Friday. Fidelity Low Volatility Factor ETF has a twelve month low of $47.41 and a twelve month high of $57.67. The company has a market cap of $1.07 billion, a P/E ratio of 26.48 and a beta of 0.69. The business’s fifty day moving average is $55.83 and its 200-day moving average is $54.85.
About Fidelity Low Volatility Factor ETF
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.
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