Kestra Private Wealth Services LLC Acquires 10,070 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Kestra Private Wealth Services LLC raised its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 97.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,368 shares of the company’s stock after buying an additional 10,070 shares during the period. Kestra Private Wealth Services LLC owned about 0.11% of Fidelity Low Volatility Factor ETF worth $1,234,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FDLO. Truist Financial Corp purchased a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter worth $267,000. OmniStar Financial Group Inc. purchased a new position in Fidelity Low Volatility Factor ETF during the 3rd quarter valued at approximately $202,000. Raymond James & Associates increased its position in Fidelity Low Volatility Factor ETF by 4.6% in the third quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock worth $5,451,000 after purchasing an additional 3,901 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Low Volatility Factor ETF by 3.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 724,927 shares of the company’s stock worth $44,474,000 after buying an additional 26,190 shares during the last quarter. Finally, GFG Capital LLC increased its stake in Fidelity Low Volatility Factor ETF by 0.6% during the third quarter. GFG Capital LLC now owns 164,195 shares of the company’s stock worth $10,073,000 after acquiring an additional 1,045 shares during the last quarter.

Fidelity Low Volatility Factor ETF Stock Performance

NYSEARCA:FDLO opened at $62.32 on Thursday. The firm has a market capitalization of $1.17 billion, a PE ratio of 26.48 and a beta of 0.69. The stock’s fifty day moving average is $61.62 and its 200 day moving average is $60.94. Fidelity Low Volatility Factor ETF has a fifty-two week low of $53.62 and a fifty-two week high of $63.19.

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.