Ameritas Advisory Services LLC Sells 17,860 Shares of Fidelity Low Volatility Factor ETF $FDLO

Ameritas Advisory Services LLC lowered its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 13.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,589 shares of the company’s stock after selling 17,860 shares during the period. Ameritas Advisory Services LLC owned approximately 0.53% of Fidelity Low Volatility Factor ETF worth $7,416,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new position in Fidelity Low Volatility Factor ETF in the second quarter valued at about $25,000. CWM LLC increased its stake in Fidelity Low Volatility Factor ETF by 233.3% in the second quarter. CWM LLC now owns 700 shares of the company’s stock valued at $44,000 after acquiring an additional 490 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter worth approximately $45,000. MTM Investment Management LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at about $58,000. Finally, Blue Trust Inc. purchased a new stake in Fidelity Low Volatility Factor ETF during the 2nd quarter valued at $67,000.

Fidelity Low Volatility Factor ETF Trading Down 1.2%

FDLO opened at $67.53 on Friday. The stock has a fifty day simple moving average of $67.47 and a two-hundred day simple moving average of $66.08. Fidelity Low Volatility Factor ETF has a 12-month low of $53.59 and a 12-month high of $68.71. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 24.34 and a beta of 0.80.

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.