Corient Private Wealth LLC Trims Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Corient Private Wealth LLC decreased its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 8.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 348,115 shares of the company’s stock after selling 33,414 shares during the period. Corient Private Wealth LLC owned 3.21% of Fidelity Low Volatility Factor ETF worth $18,440,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Lincoln National Corp lifted its stake in Fidelity Low Volatility Factor ETF by 10.2% during the 3rd quarter. Lincoln National Corp now owns 108,328 shares of the company’s stock valued at $5,268,000 after acquiring an additional 10,017 shares during the period. Avantax Advisory Services Inc. boosted its stake in Fidelity Low Volatility Factor ETF by 8.5% during the third quarter. Avantax Advisory Services Inc. now owns 8,672 shares of the company’s stock worth $422,000 after buying an additional 683 shares during the period. UBS Group AG boosted its stake in 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 worth $6,435,000 after buying an additional 128,807 shares during the period. FMR LLC boosted its stake in shares of Fidelity Low Volatility Factor ETF by 68.3% in the third quarter. FMR LLC now owns 1,608,125 shares of the company’s stock valued at $78,203,000 after purchasing an additional 652,640 shares during the period. Finally, LPL Financial LLC raised its holdings in Fidelity Low Volatility Factor ETF by 10.6% in the third quarter. LPL Financial LLC now owns 105,403 shares of the company’s stock valued at $5,126,000 after acquiring an additional 10,104 shares in the last quarter.

Fidelity Low Volatility Factor ETF Trading Up 0.2 %

NYSEARCA:FDLO traded up $0.13 during mid-day trading on Friday, hitting $55.93. The stock had a trading volume of 93,694 shares, compared to its average volume of 134,441. Fidelity Low Volatility Factor ETF has a twelve month low of $47.41 and a twelve month high of $56.62. The stock has a 50-day simple moving average of $55.26 and a two-hundred day simple moving average of $54.00. The company has a market capitalization of $1.05 billion, a PE ratio of 26.48 and a beta of 0.69.

Fidelity Low Volatility Factor ETF 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.