Advisors Capital Management LLC Lowers Stock Holdings in Fidelity Low Volatility Factor ETF $FDLO

Advisors Capital Management LLC lowered its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 2.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,774 shares of the company’s stock after selling 869 shares during the quarter. Advisors Capital Management LLC owned approximately 0.18% of Fidelity Low Volatility Factor ETF worth $2,184,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in Fidelity Low Volatility Factor ETF by 3.6% during the first quarter. Private Advisor Group LLC now owns 5,994 shares of the company’s stock valued at $363,000 after purchasing an additional 208 shares in the last quarter. Valley Financial Group Inc. lifted its position in shares of Fidelity Low Volatility Factor ETF by 5.3% during the first quarter. Valley Financial Group Inc. now owns 5,588 shares of the company’s stock valued at $339,000 after buying an additional 283 shares during the last quarter. Nvwm LLC lifted its position in shares of Fidelity Low Volatility Factor ETF by 1.9% during the first quarter. Nvwm LLC now owns 18,584 shares of the company’s stock valued at $1,127,000 after buying an additional 355 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 9.6% in the 1st quarter. Cerity Partners LLC now owns 4,143 shares of the company’s stock valued at $251,000 after buying an additional 363 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Fidelity Low Volatility Factor ETF by 1.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 28,680 shares of the company’s stock worth $1,739,000 after buying an additional 379 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

Fidelity Low Volatility Factor ETF stock opened at $66.10 on Friday. Fidelity Low Volatility Factor ETF has a 1-year low of $53.59 and a 1-year high of $66.80. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 24.34 and a beta of 0.80. The business has a fifty day moving average price of $65.73 and a 200-day moving average price of $63.63.

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.