Thrivent Financial for Lutherans Trims Holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Thrivent Financial for Lutherans decreased its stake in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 3.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 111,638 shares of the company’s stock after selling 4,219 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity Low Volatility Factor ETF were worth $6,962,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management increased its stake in Fidelity Low Volatility Factor ETF by 16.5% in the fourth quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock valued at $462,000 after acquiring an additional 1,078 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Fidelity Low Volatility Factor ETF by 19.0% during the 3rd quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock valued at $2,050,000 after purchasing an additional 5,341 shares during the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of Fidelity Low Volatility Factor ETF by 25.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 7,682 shares of the company’s stock valued at $465,000 after purchasing an additional 1,575 shares during the last quarter. Jane Street Group LLC bought a new stake in Fidelity Low Volatility Factor ETF in the third quarter worth $1,514,000. Finally, EP Wealth Advisors LLC purchased a new stake in Fidelity Low Volatility Factor ETF during the third quarter valued at about $101,000.

Fidelity Low Volatility Factor ETF Trading Down 0.3 %

FDLO opened at $60.25 on Monday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.62 and a 12 month high of $63.32. The business’s 50-day moving average price is $61.74 and its 200-day moving average price is $61.51. The company has a market cap of $1.34 billion, a P/E ratio of 24.70 and a beta of 0.86.

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.