J.W. Cole Advisors Inc. Buys 7,696 Shares of Fidelity Low Volatility Factor ETF $FDLO

J.W. Cole Advisors Inc. increased its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 152.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,739 shares of the company’s stock after purchasing an additional 7,696 shares during the period. J.W. Cole Advisors Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $839,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FDLO. Howard Capital Management Inc. increased its stake in shares of Fidelity Low Volatility Factor ETF by 54.5% in the 3rd quarter. Howard Capital Management Inc. now owns 124,883 shares of the company’s stock valued at $8,226,000 after buying an additional 44,045 shares during the period. Foundations Investment Advisors LLC raised its holdings in Fidelity Low Volatility Factor ETF by 8.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 80,915 shares of the company’s stock worth $5,330,000 after purchasing an additional 6,560 shares during the last quarter. AE Wealth Management LLC lifted its position in Fidelity Low Volatility Factor ETF by 21.1% during the 3rd quarter. AE Wealth Management LLC now owns 85,450 shares of the company’s stock valued at $5,629,000 after purchasing an additional 14,875 shares during the period. Sovran Advisors LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at about $206,000. Finally, Cullen Frost Bankers Inc. grew its position in shares of Fidelity Low Volatility Factor ETF by 14.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 9,439 shares of the company’s stock worth $622,000 after buying an additional 1,190 shares during the period.

Fidelity Low Volatility Factor ETF Price Performance

Shares of NYSEARCA FDLO opened at $68.43 on Tuesday. Fidelity Low Volatility Factor ETF has a fifty-two week low of $53.59 and a fifty-two week high of $68.71. The firm has a market capitalization of $1.48 billion, a P/E ratio of 24.34 and a beta of 0.80. The company’s 50 day simple moving average is $67.43 and its 200 day simple moving average is $66.02.

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.