Unified Investment Management purchased a new position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 6,150 shares of the company’s stock, valued at approximately $373,000.
Several other large investors have also bought and sold shares of the company. Truvestments Capital LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter worth $49,000. Kestra Investment Management LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $76,000. EP Wealth Advisors LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter worth about $101,000. Global Retirement Partners LLC increased its holdings in Fidelity Low Volatility Factor ETF by 2,005.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,148 shares of the company’s stock valued at $130,000 after acquiring an additional 2,046 shares during the last quarter. Finally, Provident Wealth Management LLC bought a new stake in Fidelity Low Volatility Factor ETF in the fourth quarter worth $175,000.
Fidelity Low Volatility Factor ETF Trading Up 1.3 %
FDLO stock opened at $62.63 on Monday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.62 and a 12 month high of $63.32. The stock has a market cap of $1.40 billion, a PE ratio of 25.52 and a beta of 0.86. The company has a 50-day moving average price of $61.71 and a 200 day moving average price of $61.39.
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.
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