Verity Asset Management Inc. Purchases 1,910 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Verity Asset Management Inc. raised its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 9.7% during the third quarter, HoldingsChannel.com reports. The fund owned 21,664 shares of the company’s stock after buying an additional 1,910 shares during the quarter. Verity Asset Management Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $1,329,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in Fidelity Low Volatility Factor ETF by 3.7% during the third quarter. Commonwealth Equity Services LLC now owns 724,927 shares of the company’s stock worth $44,474,000 after acquiring an additional 26,190 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Fidelity Low Volatility Factor ETF by 10.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 536,162 shares of the company’s stock worth $30,583,000 after purchasing an additional 50,154 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of Fidelity Low Volatility Factor ETF by 7.7% in the 1st quarter. Kestra Advisory Services LLC now owns 315,684 shares of the company’s stock valued at $17,735,000 after buying an additional 22,625 shares during the period. Ameritas Advisory Services LLC increased its position in Fidelity Low Volatility Factor ETF by 15.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 303,471 shares of the company’s stock valued at $18,618,000 after buying an additional 41,250 shares in the last quarter. Finally, GFG Capital LLC raised its stake in Fidelity Low Volatility Factor ETF by 0.6% during the 3rd quarter. GFG Capital LLC now owns 164,195 shares of the company’s stock worth $10,073,000 after buying an additional 1,045 shares during the period.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA:FDLO opened at $62.17 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 $49.87 and a 52-week high of $62.28. The business’s 50 day simple moving average is $60.94 and its two-hundred day simple moving average is $58.38.

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.