Verity Asset Management Inc. Has $1.33 Million Stock Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Verity Asset Management Inc. raised its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 9.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,664 shares of the company’s stock after purchasing an additional 1,910 shares during the period. Verity Asset Management Inc. owned approximately 0.12% of Fidelity Low Volatility Factor ETF worth $1,329,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its stake in shares of Fidelity Low Volatility Factor ETF by 145.4% during the first quarter. Cetera Investment Advisers now owns 115,377 shares of the company’s stock worth $6,482,000 after buying an additional 68,363 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Low Volatility Factor ETF by 10.3% during the second 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 in the last quarter. Ameritas Advisory Services LLC grew its holdings in shares of Fidelity Low Volatility Factor ETF by 15.7% during the third quarter. Ameritas Advisory Services LLC now owns 303,471 shares of the company’s stock worth $18,618,000 after purchasing an additional 41,250 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity Low Volatility Factor ETF by 4.6% during the second quarter. Commonwealth Equity Services LLC now owns 698,737 shares of the company’s stock worth $39,856,000 after purchasing an additional 30,427 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Fidelity Low Volatility Factor ETF by 45.5% in the first quarter. Jane Street Group LLC now owns 78,575 shares of the company’s stock valued at $4,414,000 after buying an additional 24,559 shares during the period.

Fidelity Low Volatility Factor ETF Stock Performance

FDLO stock opened at $62.17 on Friday. Fidelity Low Volatility Factor ETF has a 52-week low of $49.87 and a 52-week high of $62.28. The company has a market capitalization of $1.16 billion, a P/E ratio of 26.48 and a beta of 0.69. The company has a fifty day moving average price of $60.94 and a 200-day moving average price of $58.38.

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.