Darwin Wealth Management LLC Makes New $193,000 Investment in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Darwin Wealth Management LLC bought a new position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 3,138 shares of the company’s stock, valued at approximately $193,000.

Other hedge funds also recently made changes to their positions in the company. Gradient Investments LLC acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at $33,000. Key Financial Inc acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at $138,000. Aptus Capital Advisors LLC boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 51.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,173 shares of the company’s stock valued at $195,000 after purchasing an additional 1,083 shares during the last quarter. OmniStar Financial Group Inc. acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at $202,000. Finally, Hoxton Planning & Management LLC acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at $211,000.

Fidelity Low Volatility Factor ETF Stock Up 0.2 %

Shares of FDLO opened at $61.42 on Thursday. The firm has a market cap of $1.15 billion, a PE ratio of 26.48 and a beta of 0.69. The company’s fifty day moving average is $61.25 and its two-hundred day moving average is $58.86. Fidelity Low Volatility Factor ETF has a fifty-two week low of $51.29 and a fifty-two week high of $62.72.

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.