Westside Investment Management Inc. Sells 345 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Westside Investment Management Inc. lessened its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,680 shares of the company’s stock after selling 345 shares during the period. Westside Investment Management Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in Fidelity Low Volatility Factor ETF by 26.0% during the second quarter. Thrivent Financial for Lutherans now owns 116,047 shares of the company’s stock valued at $6,619,000 after acquiring an additional 23,978 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Fidelity Low Volatility Factor ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 145,374 shares of the company’s stock worth $8,292,000 after purchasing an additional 552 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Fidelity Low Volatility Factor ETF by 1.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,057 shares of the company’s stock valued at $1,600,000 after purchasing an additional 488 shares in the last quarter. Truist Financial Corp acquired a new position in Fidelity Low Volatility Factor ETF during the 2nd quarter worth approximately $267,000. Finally, Cetera Investment Advisers increased its holdings in shares of Fidelity Low Volatility Factor ETF by 9.1% in the 2nd quarter. Cetera Investment Advisers now owns 125,826 shares of the company’s stock valued at $7,177,000 after acquiring an additional 10,449 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA FDLO opened at $61.57 on Wednesday. The company has a market capitalization of $1.15 billion, a PE ratio of 26.48 and a beta of 0.69. The company has a fifty day moving average of $61.61 and a two-hundred day moving average of $60.48. Fidelity Low Volatility Factor ETF has a 1 year low of $53.62 and a 1 year high of $63.19.

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.