Avantax Advisory Services Inc. Purchases 3,710 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Avantax Advisory Services Inc. increased its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 42.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,541 shares of the company’s stock after purchasing an additional 3,710 shares during the period. Avantax Advisory Services Inc. owned 0.07% of Fidelity Low Volatility Factor ETF worth $760,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at $49,000. Kestra Investment Management LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $76,000. EP Wealth Advisors LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 3rd quarter valued at $101,000. Global Retirement Partners LLC raised its position in shares of Fidelity Low Volatility Factor ETF by 2,005.9% during the 4th quarter. Global Retirement Partners LLC now owns 2,148 shares of the company’s stock valued at $130,000 after purchasing an additional 2,046 shares during the period. Finally, Provident Wealth Management LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $175,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA FDLO opened at $60.46 on Friday. The company has a market cap of $1.35 billion, a P/E ratio of 24.70 and a beta of 0.86. The firm’s fifty day moving average is $61.73 and its two-hundred day moving average is $61.49. 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.