Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Shares Acquired by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC increased its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 5.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 13,429 shares of the company’s stock after acquiring an additional 713 shares during the period. Pallas Capital Advisors LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Silver Oak Securities Incorporated raised its holdings in shares of Fidelity Low Volatility Factor ETF by 43.8% during the third quarter. Silver Oak Securities Incorporated now owns 6,408 shares of the company’s stock valued at $391,000 after buying an additional 1,951 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $552,000. GFG Capital LLC raised 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 acquiring an additional 1,045 shares in the last quarter. Commonwealth Equity Services LLC raised 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 acquiring an additional 26,190 shares in the last quarter. Finally, Raymond James & Associates grew its stake in shares of Fidelity Low Volatility Factor ETF by 4.6% in the third quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock worth $5,451,000 after purchasing an additional 3,901 shares in the last quarter.

Fidelity Low Volatility Factor ETF Stock Down 0.1 %

FDLO stock opened at $61.22 on Thursday. The company has a 50-day simple moving average of $60.79 and a 200 day simple moving average of $58.11. The company has a market capitalization of $1.14 billion, a P/E ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a fifty-two week low of $48.06 and a fifty-two week high of $62.26.

Fidelity Low Volatility Factor ETF Company 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.