Hershey Financial Advisers LLC Acquires New Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Hershey Financial Advisers LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 19,768 shares of the company’s stock, valued at approximately $1,198,000.

Other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management increased its holdings in Fidelity Low Volatility Factor ETF by 16.5% during the fourth quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock valued at $462,000 after buying an additional 1,078 shares during the period. Stifel Financial Corp increased its holdings 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 valued at $2,050,000 after buying an additional 5,341 shares during the period. Atria Wealth Solutions Inc. increased its holdings 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 valued at $465,000 after buying an additional 1,575 shares during the period. Jane Street Group LLC purchased a new position in Fidelity Low Volatility Factor ETF during the third quarter valued at approximately $1,514,000. Finally, EP Wealth Advisors LLC purchased a new position in Fidelity Low Volatility Factor ETF during the third quarter valued at approximately $101,000.

Fidelity Low Volatility Factor ETF Stock Down 0.3 %

Shares of FDLO stock opened at $60.25 on Monday. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 24.70 and a beta of 0.86. The company’s 50 day moving average is $61.74 and its 200 day moving average is $61.51. Fidelity Low Volatility Factor ETF has a 52-week low of $53.62 and a 52-week high of $63.32.

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.