Silver Oak Securities Incorporated Acquires 23,386 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Silver Oak Securities Incorporated raised its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 365.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 29,794 shares of the company’s stock after acquiring an additional 23,386 shares during the period. Silver Oak Securities Incorporated owned approximately 0.16% of Fidelity Low Volatility Factor ETF worth $1,805,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Truvestments Capital LLC bought a new stake in Fidelity Low Volatility Factor ETF in the third quarter valued at about $49,000. EP Wealth Advisors LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at about $101,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $193,000. Aptus Capital Advisors LLC raised its position in shares of Fidelity Low Volatility Factor ETF by 51.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 3,173 shares of the company’s stock valued at $195,000 after acquiring an additional 1,083 shares during the period. Finally, OmniStar Financial Group Inc. bought a new position in Fidelity Low Volatility Factor ETF during the 3rd quarter worth approximately $202,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA:FDLO opened at $62.70 on Thursday. The company has a market capitalization of $1.17 billion, a PE ratio of 26.48 and a beta of 0.69. Fidelity Low Volatility Factor ETF has a 52 week low of $53.62 and a 52 week high of $63.19. The company has a 50 day moving average price of $61.67 and a two-hundred day moving average price of $60.78.

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.