Fidelity Low Volatility Factor ETF $FDLO Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC decreased its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,558 shares of the company’s stock after selling 10,819 shares during the quarter. Corient Private Wealth LLC owned approximately 0.98% of Fidelity Low Volatility Factor ETF worth $14,355,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Axxcess Wealth Management LLC acquired a new position in Fidelity Low Volatility Factor ETF in the fourth quarter valued at approximately $206,000. Mercer Global Advisors Inc. ADV boosted its position in Fidelity Low Volatility Factor ETF by 2.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,310 shares of the company’s stock worth $488,000 after purchasing an additional 180 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Fidelity Low Volatility Factor ETF by 19.4% during the 4th quarter. Cetera Investment Advisers now owns 241,166 shares of the company’s stock worth $16,098,000 after purchasing an additional 39,160 shares during the period. Equitable Holdings Inc. grew its stake in shares of Fidelity Low Volatility Factor ETF by 3.7% during the 4th quarter. Equitable Holdings Inc. now owns 4,239 shares of the company’s stock worth $283,000 after purchasing an additional 151 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of Fidelity Low Volatility Factor ETF by 0.4% during the 4th quarter. Osaic Holdings Inc. now owns 130,116 shares of the company’s stock valued at $8,690,000 after purchasing an additional 517 shares in the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA:FDLO opened at $67.83 on Wednesday. The company has a 50 day moving average price of $69.03 and a 200-day moving average price of $67.72. Fidelity Low Volatility Factor ETF has a 1-year low of $61.63 and a 1-year high of $70.52. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 24.34 and a beta of 0.77.

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.