Abundance Wealth Counselors Sells 166 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Abundance Wealth Counselors lowered its stake in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,733 shares of the company’s stock after selling 166 shares during the period. Fidelity Low Volatility Factor ETF accounts for 2.6% of Abundance Wealth Counselors’ holdings, making the stock its 8th largest holding. Abundance Wealth Counselors’ holdings in Fidelity Low Volatility Factor ETF were worth $11,799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Brookstone Capital Management raised its position 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 purchasing an additional 1,078 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Fidelity Low Volatility Factor ETF by 19.0% during the third quarter. Stifel Financial Corp now owns 33,408 shares of the company’s stock valued at $2,050,000 after acquiring an additional 5,341 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Fidelity Low Volatility Factor ETF by 4.6% during the third quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock worth $5,451,000 after purchasing an additional 3,901 shares during the period. Foundations Investment Advisors LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the third quarter worth $552,000. Finally, Jane Street Group LLC acquired a new stake in Fidelity Low Volatility Factor ETF in the third quarter valued at $1,514,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of NYSEARCA FDLO opened at $62.47 on Friday. The company’s 50 day moving average price is $61.67 and its 200-day moving average price is $60.67. 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 market capitalization of $1.17 billion, a P/E 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.