GFG Capital LLC Reduces Stock Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

GFG Capital LLC lowered its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 0.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 162,781 shares of the company’s stock after selling 1,414 shares during the quarter. Fidelity Low Volatility Factor ETF accounts for about 2.6% of GFG Capital LLC’s holdings, making the stock its 12th biggest holding. GFG Capital LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $9,863,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FDLO. Truvestments Capital LLC bought a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $49,000. EP Wealth Advisors LLC bought a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $101,000. Darwin Wealth Management LLC bought a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $193,000. Aptus Capital Advisors LLC raised its holdings in 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 worth $195,000 after purchasing an additional 1,083 shares in the last quarter. Finally, OmniStar Financial Group Inc. bought a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth $202,000.

Fidelity Low Volatility Factor ETF Trading Up 0.9 %

Shares of NYSEARCA FDLO opened at $62.87 on Friday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.62 and a 12 month high of $63.19. The firm has a market capitalization of $1.18 billion, a PE ratio of 26.48 and a beta of 0.69. The firm has a fifty day simple moving average of $61.61 and a two-hundred day simple moving average of $60.95.

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.