Kestra Advisory Services LLC Cuts Stake in Fidelity Low Volatility Factor ETF $FDLO

Kestra Advisory Services LLC lessened its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 18.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,461 shares of the company’s stock after selling 44,131 shares during the quarter. Kestra Advisory Services LLC owned 0.98% of Fidelity Low Volatility Factor ETF worth $12,948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Campbell Deegan Wealth Management LLC raised its holdings in shares of Fidelity Low Volatility Factor ETF by 3.4% during the 4th quarter. Campbell Deegan Wealth Management LLC now owns 330,360 shares of the company’s stock valued at $22,052,000 after buying an additional 10,950 shares during the period. Roxbury Financial LLC boosted its holdings in Fidelity Low Volatility Factor ETF by 473.6% in the 4th quarter. Roxbury Financial LLC now owns 14,071 shares of the company’s stock worth $939,000 after acquiring an additional 11,618 shares during the period. AE Wealth Management LLC boosted its holdings in Fidelity Low Volatility Factor ETF by 37.2% in the 4th quarter. AE Wealth Management LLC now owns 117,214 shares of the company’s stock worth $7,824,000 after acquiring an additional 31,764 shares during the period. Howard Capital Management Inc. grew its position in Fidelity Low Volatility Factor ETF by 86.9% in the fourth quarter. Howard Capital Management Inc. now owns 233,344 shares of the company’s stock valued at $15,576,000 after acquiring an additional 108,461 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in Fidelity Low Volatility Factor ETF by 92.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 25,384 shares of the company’s stock valued at $1,694,000 after acquiring an additional 12,163 shares in the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

FDLO opened at $70.14 on Monday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 24.34 and a beta of 0.77. The firm’s 50 day moving average is $69.32 and its 200-day moving average is $67.92. Fidelity Low Volatility Factor ETF has a 52-week low of $62.23 and a 52-week high of $70.71.

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.