Cetera Investment Advisers Has $16.57 Million Position in Fidelity Low Volatility Factor ETF $FDLO

Cetera Investment Advisers boosted its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 6.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 256,501 shares of the company’s stock after purchasing an additional 15,335 shares during the quarter. Cetera Investment Advisers owned 1.25% of Fidelity Low Volatility Factor ETF worth $16,567,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Sykon Capital LLC acquired a new stake in Fidelity Low Volatility Factor ETF in the fourth quarter worth $11,713,000. First Trust Advisors LP acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 1st quarter valued at $7,959,000. Howard Capital Management Inc. increased its position in shares of Fidelity Low Volatility Factor ETF by 86.9% in the 4th quarter. Howard Capital Management Inc. now owns 233,344 shares of the company’s stock valued at $15,576,000 after buying an additional 108,461 shares in the last quarter. Royal Bank of Canada increased its position in shares of Fidelity Low Volatility Factor ETF by 189.7% in the 4th quarter. Royal Bank of Canada now owns 155,181 shares of the company’s stock valued at $10,358,000 after buying an additional 101,619 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in Fidelity Low Volatility Factor ETF during the 3rd quarter worth $5,131,000.

Fidelity Low Volatility Factor ETF Trading Up 1.4%

Shares of Fidelity Low Volatility Factor ETF stock opened at $71.58 on Wednesday. The stock’s fifty day simple moving average is $69.54 and its 200 day simple moving average is $68.18. The company has a market capitalization of $1.43 billion, a PE ratio of 24.34 and a beta of 0.77. Fidelity Low Volatility Factor ETF has a 12 month low of $62.23 and a 12 month high of $71.81.

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.