Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Hits New 1-Year High at $60.14

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLOGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $60.14 and last traded at $60.14, with a volume of 229 shares changing hands. The stock had previously closed at $59.01.

Fidelity Low Volatility Factor ETF Trading Up 1.9 %

The company has a market cap of $1.12 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69. The business has a 50-day moving average price of $57.64 and a 200 day moving average price of $56.08.

Institutional Trading of Fidelity Low Volatility Factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. GDS Wealth Management acquired a new stake in Fidelity Low Volatility Factor ETF during the 4th quarter valued at $209,000. Private Advisor Group LLC grew its stake in Fidelity Low Volatility Factor ETF by 8.1% during the 4th quarter. Private Advisor Group LLC now owns 26,951 shares of the company’s stock valued at $1,428,000 after acquiring an additional 2,010 shares in the last quarter. Voisard Asset Management Group Inc. purchased a new position in Fidelity Low Volatility Factor ETF during the 4th quarter valued at about $26,000. Absolute Capital Management LLC increased its holdings in shares of Fidelity Low Volatility Factor ETF by 689.4% in the 4th quarter. Absolute Capital Management LLC now owns 32,990 shares of the company’s stock valued at $1,747,000 after purchasing an additional 28,811 shares during the period. Finally, Great Valley Advisor Group Inc. purchased a new stake in shares of Fidelity Low Volatility Factor ETF in the fourth quarter worth approximately $754,000.

About Fidelity Low Volatility Factor ETF

(Get Free Report)

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.

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