Fidelity Low Volatility Factor ETF $FDLO Holdings Reduced by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 59.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 31,134 shares of the company’s stock after selling 44,982 shares during the period. JPMorgan Chase & Co. owned approximately 0.15% of Fidelity Low Volatility Factor ETF worth $2,051,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FDLO. Two Sigma Investments LP acquired a new stake in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter worth approximately $5,131,000. Goldman Sachs Group Inc. lifted its stake in shares of Fidelity Low Volatility Factor ETF by 1,088.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 74,421 shares of the company’s stock worth $4,511,000 after acquiring an additional 68,157 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 49.5% in the 2nd quarter. NewEdge Advisors LLC now owns 176,211 shares of the company’s stock worth $11,066,000 after acquiring an additional 58,317 shares during the period. Royal Bank of Canada lifted its stake in shares of Fidelity Low Volatility Factor ETF by 104.7% in the 1st quarter. Royal Bank of Canada now owns 109,915 shares of the company’s stock worth $6,663,000 after acquiring an additional 56,230 shares during the period. Finally, Howard Capital Management Inc. lifted 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 worth $8,226,000 after acquiring an additional 44,045 shares during the period.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA:FDLO opened at $65.54 on Wednesday. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of 24.34 and a beta of 0.80. Fidelity Low Volatility Factor ETF has a 1-year low of $53.71 and a 1-year high of $68.71. The company has a 50 day moving average price of $66.84 and a 200 day moving average price of $66.63.

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.