Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Sets New 52-Week High – Here’s What Happened

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $70.43 and last traded at $70.30, with a volume of 12019 shares traded. The stock had previously closed at $69.85.

Fidelity Low Volatility Factor ETF Trading Down 0.0%

The company has a market cap of $1.44 billion, a PE ratio of 24.34 and a beta of 0.77. The firm’s 50-day simple moving average is $67.31 and its two-hundred day simple moving average is $67.28.

Institutional Trading of Fidelity Low Volatility Factor ETF

Several large investors have recently made changes to their positions in FDLO. Maseco LLP acquired a new position in Fidelity Low Volatility Factor ETF during the fourth quarter worth $25,000. Allworth Financial LP raised its position in shares of Fidelity Low Volatility Factor ETF by 460.8% in the third quarter. Allworth Financial LP now owns 415 shares of the company’s stock valued at $27,000 after buying an additional 341 shares during the last quarter. MAI Capital Management raised its position in shares of Fidelity Low Volatility Factor ETF by 58.7% in the third quarter. MAI Capital Management now owns 419 shares of the company’s stock valued at $28,000 after buying an additional 155 shares during the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of Fidelity Low Volatility Factor ETF in the fourth quarter valued at about $31,000. Finally, Ankerstar Wealth LLC acquired a new stake in Fidelity Low Volatility Factor ETF during the fourth quarter worth about $32,000.

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.