Raymond James Financial Services Advisors Inc. Lowers Stock Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Raymond James Financial Services Advisors Inc. trimmed its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 61.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,950 shares of the company’s stock after selling 18,832 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $633,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. FMR LLC lifted its holdings in shares of Fidelity Low Volatility Factor ETF by 68.3% during the third quarter. FMR LLC now owns 1,608,125 shares of the company’s stock valued at $78,203,000 after purchasing an additional 652,640 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Fidelity Low Volatility Factor ETF by 3.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 700,404 shares of the company’s stock worth $34,061,000 after acquiring an additional 25,765 shares during the last quarter. CI Private Wealth LLC purchased a new position in Fidelity Low Volatility Factor ETF in the 4th quarter worth approximately $25,813,000. Bank of America Corp DE raised its holdings in Fidelity Low Volatility Factor ETF by 83.9% in the 4th quarter. Bank of America Corp DE now owns 536,490 shares of the company’s stock worth $24,775,000 after acquiring an additional 244,809 shares during the last quarter. Finally, Abundance Wealth Counselors purchased a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth approximately $10,414,000.

Fidelity Low Volatility Factor ETF Stock Down 0.1 %

Shares of NYSEARCA FDLO opened at $53.82 on Thursday. Fidelity Low Volatility Factor ETF has a twelve month low of $47.41 and a twelve month high of $56.27. The firm has a market cap of $583.95 million, a P/E ratio of 24.27 and a beta of 0.85. The company has a 50 day moving average of $55.22 and a 200 day moving average of $52.86.

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.