Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $75.95 and last traded at $76.1580, with a volume of 4,677 shares changing hands. The stock had previously closed at $74.66.
Fidelity Low Volatility Factor ETF Price Performance
The company has a market cap of $1.57 billion, a price-to-earnings ratio of 24.34 and a beta of 0.74. The stock has a 50-day moving average price of $72.60 and a 200 day moving average price of $69.72.
Hedge Funds Weigh In On Fidelity Low Volatility Factor ETF
Several institutional investors and hedge funds have recently modified their holdings of FDLO. CoreCap Advisors LLC bought a new position in Fidelity Low Volatility Factor ETF in the second quarter valued at approximately $40,000. Fifth Third Bancorp boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 149.2% in the first quarter. Fifth Third Bancorp now owns 658 shares of the company’s stock valued at $42,000 after buying an additional 394 shares during the period. Brighton Jones LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter worth $221,000. Integrity Alliance LLC. bought a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter worth $227,000. Finally, IFP Advisors Inc raised its holdings in shares of Fidelity Low Volatility Factor ETF by 4.3% during the second quarter. IFP Advisors Inc now owns 3,434 shares of the company’s stock worth $235,000 after acquiring an additional 143 shares during the period.
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.
Read More
- Five stocks we like better than Fidelity Low Volatility Factor ETF
- Bloom Energy: The Off-Grid Answer to AI’s Power Drain
- Space Race 2.0: Intuitive Machines Secures Another NASA Contract
- Zebra Technologies’ Sell-Off: 3 Factors Investors May Be Missing
- Advanced Micro Devices’ Q3 Results Answer a Big Question, But Another Remains
Receive News & Ratings for Fidelity Low Volatility Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Low Volatility Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
