24,675 Shares in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Purchased by Jane Street Group LLC

Jane Street Group LLC acquired a new stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) in the third quarter, Holdings Channel reports. The fund acquired 24,675 shares of the company’s stock, valued at approximately $1,514,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its position in shares of Fidelity Low Volatility Factor ETF by 1.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,057 shares of the company’s stock valued at $1,600,000 after buying an additional 488 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Fidelity Low Volatility Factor ETF by 0.4% in the 2nd quarter. NewEdge Advisors LLC now owns 145,374 shares of the company’s stock valued at $8,292,000 after acquiring an additional 552 shares in the last quarter. Howard Capital Management Inc. lifted its position in shares of Fidelity Low Volatility Factor ETF by 4.3% during the 2nd quarter. Howard Capital Management Inc. now owns 16,810 shares of the company’s stock valued at $959,000 after acquiring an additional 688 shares during the period. Pallas Capital Advisors LLC lifted its position in shares of Fidelity Low Volatility Factor ETF by 5.6% during the 3rd quarter. Pallas Capital Advisors LLC now owns 13,429 shares of the company’s stock valued at $824,000 after acquiring an additional 713 shares during the period. Finally, Kowal Investment Group LLC grew its holdings in shares of Fidelity Low Volatility Factor ETF by 6.6% during the 2nd quarter. Kowal Investment Group LLC now owns 12,016 shares of the company’s stock worth $685,000 after purchasing an additional 740 shares in the last quarter.

Fidelity Low Volatility Factor ETF Stock Up 0.2 %

FDLO stock opened at $61.78 on Friday. Fidelity Low Volatility Factor ETF has a 52 week low of $52.29 and a 52 week high of $63.19. The business has a 50-day simple moving average of $61.93 and a 200 day simple moving average of $60.00. The company has a market cap of $1.16 billion, a PE ratio of 26.48 and a beta of 0.69.

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.