JB Capital LLC Acquires New Stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

JB Capital LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,473 shares of the company’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDLO. Commonwealth Equity Services LLC boosted its stake in Fidelity Low Volatility Factor ETF by 3.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 724,927 shares of the company’s stock valued at $44,474,000 after purchasing an additional 26,190 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Fidelity Low Volatility Factor ETF by 10.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 536,162 shares of the company’s stock valued at $30,583,000 after purchasing an additional 50,154 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in Fidelity Low Volatility Factor ETF by 7.7% during the 1st quarter. Kestra Advisory Services LLC now owns 315,684 shares of the company’s stock valued at $17,735,000 after purchasing an additional 22,625 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in Fidelity Low Volatility Factor ETF by 15.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 303,471 shares of the company’s stock valued at $18,618,000 after purchasing an additional 41,250 shares during the last quarter. Finally, GFG Capital LLC boosted its stake in Fidelity Low Volatility Factor ETF by 0.6% during the 3rd quarter. GFG Capital LLC now owns 164,195 shares of the company’s stock valued at $10,073,000 after purchasing an additional 1,045 shares during the last quarter.

Fidelity Low Volatility Factor ETF Trading Up 0.4 %

Shares of FDLO opened at $62.17 on Friday. The business’s fifty day simple moving average is $60.94 and its two-hundred day simple moving average is $58.38. Fidelity Low Volatility Factor ETF has a 12 month low of $49.87 and a 12 month high of $62.28. The company has a market cap of $1.16 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69.

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.