Sunbelt Securities Inc. Acquires 5,338 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Sunbelt Securities Inc. raised its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 87.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,464 shares of the company’s stock after purchasing an additional 5,338 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its stake in Fidelity Low Volatility Factor ETF by 1,106.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,738 shares of the company’s stock valued at $105,000 after purchasing an additional 1,594 shares during the period. EP Wealth Advisors LLC grew its stake in Fidelity Low Volatility Factor ETF by 11.2% in the 4th quarter. EP Wealth Advisors LLC now owns 1,822 shares of the company’s stock valued at $110,000 after purchasing an additional 183 shares during the period. Cullen Frost Bankers Inc. grew its stake in Fidelity Low Volatility Factor ETF by 35.5% in the 4th quarter. Cullen Frost Bankers Inc. now owns 3,018 shares of the company’s stock valued at $183,000 after purchasing an additional 790 shares during the period. Independent Advisor Alliance bought a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter worth $240,000. Finally, Orion Portfolio Solutions LLC bought a new position in shares of Fidelity Low Volatility Factor ETF during the 4th quarter worth $244,000.

Fidelity Low Volatility Factor ETF Stock Performance

FDLO stock opened at $62.31 on Friday. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 24.84 and a beta of 0.85. Fidelity Low Volatility Factor ETF has a fifty-two week low of $53.59 and a fifty-two week high of $63.32. The stock has a fifty day moving average of $60.64 and a 200-day moving average of $60.75.

Fidelity Low Volatility Factor ETF 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.