7,796 Fidelity Low Volatility Factor ETF $FDLO Shares Sold by Security Financial Services INC.

Security Financial Services INC. cut its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 57.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,785 shares of the company’s stock after selling 7,796 shares during the period. Security Financial Services INC.’s holdings in Fidelity Low Volatility Factor ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDLO. Corient Private Wealth LP grew its stake in Fidelity Low Volatility Factor ETF by 1,667.4% in the second quarter. Corient Private Wealth LP now owns 186,302 shares of the company’s stock valued at $12,731,000 after acquiring an additional 175,761 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of Fidelity Low Volatility Factor ETF by 138.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 254,114 shares of the company’s stock valued at $17,365,000 after purchasing an additional 147,473 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 1st quarter valued at approximately $7,959,000. Mechanics Bank Trust Department acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $6,304,000. Finally, Hershey Financial Advisers LLC acquired a new position in shares of Fidelity Low Volatility Factor ETF in the 1st quarter valued at approximately $1,210,000.

Fidelity Low Volatility Factor ETF Price Performance

Shares of NYSEARCA:FDLO opened at $74.53 on Monday. The company’s fifty day simple moving average is $72.53 and its 200 day simple moving average is $69.65. Fidelity Low Volatility Factor ETF has a 12 month low of $63.36 and a 12 month high of $75.04. The firm has a market cap of $1.52 billion, a price-to-earnings ratio of 24.34 and a beta of 0.76.

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.