Kestra Private Wealth Services LLC Increases Stock Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Kestra Private Wealth Services LLC increased its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 97.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,368 shares of the company’s stock after acquiring an additional 10,070 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $1,234,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Brookstone Capital Management increased its stake in shares of Fidelity Low Volatility Factor ETF by 16.5% during the fourth quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock worth $462,000 after purchasing an additional 1,078 shares in the last quarter. Stifel Financial Corp increased its stake in Fidelity Low Volatility Factor ETF by 19.0% during the 3rd quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock worth $2,050,000 after buying an additional 5,341 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Fidelity Low Volatility Factor ETF by 4.6% during the third quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock valued at $5,451,000 after acquiring an additional 3,901 shares during the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of Fidelity Low Volatility Factor ETF during the third quarter valued at approximately $552,000. Finally, Jane Street Group LLC purchased a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter valued at approximately $1,514,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of FDLO opened at $62.32 on Thursday. Fidelity Low Volatility Factor ETF has a one year low of $53.62 and a one year high of $63.19. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69. The stock has a 50 day moving average price of $61.62 and a 200 day moving average price of $60.94.

Fidelity Low Volatility Factor ETF 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.