GFG Capital LLC Boosts Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

GFG Capital LLC boosted its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 164,195 shares of the company’s stock after purchasing an additional 1,045 shares during the period. Fidelity Low Volatility Factor ETF comprises about 2.6% of GFG Capital LLC’s investment portfolio, making the stock its 12th biggest position. GFG Capital LLC owned approximately 0.88% of Fidelity Low Volatility Factor ETF worth $10,073,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers boosted its position in shares of Fidelity Low Volatility Factor ETF by 145.4% during the first quarter. Cetera Investment Advisers now owns 115,377 shares of the company’s stock valued at $6,482,000 after buying an additional 68,363 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Fidelity Low Volatility Factor ETF by 10.3% during the second quarter. Envestnet Asset Management Inc. now owns 536,162 shares of the company’s stock worth $30,583,000 after acquiring an additional 50,154 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in Fidelity Low Volatility Factor ETF by 4.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 698,737 shares of the company’s stock valued at $39,856,000 after purchasing an additional 30,427 shares in the last quarter. Jane Street Group LLC increased its position in shares of Fidelity Low Volatility Factor ETF by 45.5% in the 1st quarter. Jane Street Group LLC now owns 78,575 shares of the company’s stock valued at $4,414,000 after acquiring an additional 24,559 shares during the period. Finally, AE Wealth Management LLC raised its stake in shares of Fidelity Low Volatility Factor ETF by 69.6% in the second quarter. AE Wealth Management LLC now owns 59,071 shares of the company’s stock worth $3,369,000 after purchasing an additional 24,243 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

Shares of Fidelity Low Volatility Factor ETF stock opened at $61.96 on Tuesday. The stock has a market cap of $1.16 billion, a PE ratio of 26.48 and a beta of 0.69. The firm has a fifty day moving average price of $60.45 and a 200 day moving average price of $57.82. Fidelity Low Volatility Factor ETF has a 1 year low of $47.41 and a 1 year high of $62.26.

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.