Lincoln National Corp Sells 51,358 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Lincoln National Corp trimmed its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 47.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 56,970 shares of the company’s stock after selling 51,358 shares during the quarter. Lincoln National Corp’s holdings in Fidelity Low Volatility Factor ETF were worth $3,018,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. FMR LLC lifted its position in shares of Fidelity Low Volatility Factor ETF by 68.3% during the third quarter. FMR LLC now owns 1,608,125 shares of the company’s stock valued at $78,203,000 after buying an additional 652,640 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Fidelity Low Volatility Factor ETF by 2.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 718,103 shares of the company’s stock valued at $38,038,000 after buying an additional 17,699 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the fourth quarter valued at about $12,890,000. Abundance Wealth Counselors purchased a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter valued at about $10,414,000. Finally, UBS Group AG lifted its position in shares of Fidelity Low Volatility Factor ETF by 3,657.2% during the third quarter. UBS Group AG now owns 132,329 shares of the company’s stock valued at $6,435,000 after buying an additional 128,807 shares during the last quarter.

Fidelity Low Volatility Factor ETF Stock Up 0.6 %

Shares of Fidelity Low Volatility Factor ETF stock traded up $0.31 during midday trading on Tuesday, hitting $55.47. The company had a trading volume of 76,781 shares, compared to its average volume of 143,695. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69. The company has a fifty day simple moving average of $55.08 and a 200 day simple moving average of $53.35. Fidelity Low Volatility Factor ETF has a 12-month low of $47.41 and a 12-month high of $56.27.

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.