Great Valley Advisor Group Inc. Takes $754,000 Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Great Valley Advisor Group Inc. acquired a new position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,243 shares of the company’s stock, valued at approximately $754,000. Great Valley Advisor Group Inc. owned approximately 0.13% of Fidelity Low Volatility Factor ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Absolute Capital Management LLC bought a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter valued at about $203,000. Abundance Wealth Counselors bought a new position in shares of Fidelity Low Volatility Factor ETF in the third quarter valued at approximately $10,414,000. Lincoln National Corp boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 10.2% in the third quarter. Lincoln National Corp now owns 108,328 shares of the company’s stock valued at $5,268,000 after acquiring an additional 10,017 shares in the last quarter. Running Point Capital Advisors LLC increased its stake in shares of Fidelity Low Volatility Factor ETF by 5.1% during the third quarter. Running Point Capital Advisors LLC now owns 47,539 shares of the company’s stock valued at $2,312,000 after acquiring an additional 2,311 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in Fidelity Low Volatility Factor ETF by 8.5% during the third quarter. Avantax Advisory Services Inc. now owns 8,672 shares of the company’s stock worth $422,000 after purchasing an additional 683 shares in the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

FDLO opened at $54.70 on Friday. Fidelity Low Volatility Factor ETF has a 1-year low of $47.41 and a 1-year high of $56.27. The company has a market capitalization of $998.28 million, a price-to-earnings ratio of 25.82 and a beta of 0.71. The business has a 50 day moving average price of $55.08 and a two-hundred day moving average price of $53.29.

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.