Wealth Enhancement Advisory Services LLC Has $1.41 Million Stock Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 29.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 24,784 shares of the company’s stock after buying an additional 5,621 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.13% of Fidelity Low Volatility Factor ETF worth $1,414,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in shares of Fidelity Low Volatility Factor ETF by 145.4% in the 1st quarter. Cetera Investment Advisers now owns 115,377 shares of the company’s stock valued at $6,482,000 after buying an additional 68,363 shares during the last quarter. Absolute Capital Management LLC increased its stake in Fidelity Low Volatility Factor ETF by 689.4% in the fourth quarter. Absolute Capital Management LLC now owns 32,990 shares of the company’s stock valued at $1,747,000 after acquiring an additional 28,811 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Fidelity Low Volatility Factor ETF by 45.5% during the 1st quarter. Jane Street Group LLC now owns 78,575 shares of the company’s stock worth $4,414,000 after buying an additional 24,559 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Fidelity Low Volatility Factor ETF by 7.7% during the first quarter. Kestra Advisory Services LLC now owns 315,684 shares of the company’s stock worth $17,735,000 after acquiring an additional 22,625 shares in the last quarter. Finally, Personal CFO Solutions LLC acquired a new position in Fidelity Low Volatility Factor ETF during the 4th quarter worth approximately $1,165,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of FDLO opened at $59.28 on Tuesday. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 52 week low of $47.41 and a 52 week high of $59.29. The stock has a fifty day moving average of $57.70 and a 200-day moving average of $56.11.

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.