Segall Bryant & Hamill LLC Buys New Shares in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Segall Bryant & Hamill LLC bought a new position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) during the third quarter, HoldingsChannel reports. The firm bought 276,703 shares of the company’s stock, valued at approximately $16,976,000.

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

Fidelity Low Volatility Factor ETF Trading Up 0.2 %

Shares of Fidelity Low Volatility Factor ETF stock opened at $61.42 on Thursday. Fidelity Low Volatility Factor ETF has a 1-year low of $51.29 and a 1-year high of $62.72. The firm’s 50-day moving average price is $61.25 and its two-hundred day moving average price is $58.86. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69.

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.