Cetera Investment Advisers Acquires 22,653 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Cetera Investment Advisers grew its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 15.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 167,954 shares of the company’s stock after purchasing an additional 22,653 shares during the quarter. Cetera Investment Advisers’ holdings in Fidelity Low Volatility Factor ETF were worth $10,181,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of FDLO. FMR LLC raised its holdings in shares of Fidelity Low Volatility Factor ETF by 10.0% during the 4th quarter. FMR LLC now owns 10,286,431 shares of the company’s stock valued at $623,255,000 after purchasing an additional 934,366 shares in the last quarter. Campbell Deegan Wealth Management LLC bought a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $17,492,000. Bank of America Corp DE raised its holdings in shares of Fidelity Low Volatility Factor ETF by 37.7% during the 4th quarter. Bank of America Corp DE now owns 393,395 shares of the company’s stock valued at $23,836,000 after purchasing an additional 107,751 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter valued at $6,186,000. Finally, Silver Oak Securities Incorporated raised its holdings in shares of Fidelity Low Volatility Factor ETF by 217.7% during the 1st quarter. Silver Oak Securities Incorporated now owns 94,661 shares of the company’s stock valued at $5,346,000 after purchasing an additional 64,867 shares in the last quarter.

Fidelity Low Volatility Factor ETF Trading Down 0.3%

Fidelity Low Volatility Factor ETF stock opened at $63.43 on Thursday. Fidelity Low Volatility Factor ETF has a 1-year low of $53.59 and a 1-year high of $64.07. The firm’s fifty day simple moving average is $62.28 and its 200-day simple moving average is $61.10. The company has a market capitalization of $1.24 billion, a P/E ratio of 24.34 and a beta of 0.85.

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.