Tempus Wealth Planning LLC Invests $1.68 Million in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Tempus Wealth Planning LLC acquired a new stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 27,700 shares of the company’s stock, valued at approximately $1,678,000. Tempus Wealth Planning LLC owned 0.15% of Fidelity Low Volatility Factor ETF as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp acquired a new position in shares of Fidelity Low Volatility Factor ETF during the 2nd quarter worth $267,000. Cetera Investment Advisers raised its position in shares of Fidelity Low Volatility Factor ETF by 9.1% during the 2nd quarter. Cetera Investment Advisers now owns 125,826 shares of the company’s stock worth $7,177,000 after purchasing an additional 10,449 shares during the last quarter. Hoxton Planning & Management LLC purchased a new stake in Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $211,000. Mechanics Bank Trust Department grew its holdings in Fidelity Low Volatility Factor ETF by 10.8% during the 3rd quarter. Mechanics Bank Trust Department now owns 59,086 shares of the company’s stock valued at $3,625,000 after buying an additional 5,782 shares during the last quarter. Finally, OmniStar Financial Group Inc. purchased a new position in Fidelity Low Volatility Factor ETF during the third quarter worth $202,000.

Fidelity Low Volatility Factor ETF Stock Down 0.3 %

FDLO opened at $62.30 on Tuesday. The firm has a market cap of $1.17 billion, a P/E ratio of 26.48 and a beta of 0.69. The business’s fifty day simple moving average is $61.68 and its 200 day simple moving average is $60.72. Fidelity Low Volatility Factor ETF has a 52 week low of $53.62 and a 52 week high of $63.19.

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.