Howard Capital Management Inc. grew its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO – Free Report) by 81.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,388 shares of the company’s stock after buying an additional 14,585 shares during the period. Howard Capital Management Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $1,962,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Pallas Capital Advisors LLC lifted its stake in Fidelity Low Volatility Factor ETF by 5.6% during the third quarter. Pallas Capital Advisors LLC now owns 13,429 shares of the company’s stock worth $824,000 after purchasing an additional 713 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of Fidelity Low Volatility Factor ETF during the third quarter worth $49,000. Brookstone Capital Management lifted its position in shares of Fidelity Low Volatility Factor ETF by 16.5% in the 4th quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock worth $462,000 after buying an additional 1,078 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Fidelity Low Volatility Factor ETF by 51.8% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,173 shares of the company’s stock valued at $195,000 after buying an additional 1,083 shares during the last quarter. Finally, Kestra Investment Management LLC bought a new position in Fidelity Low Volatility Factor ETF in the fourth quarter worth about $76,000.
Fidelity Low Volatility Factor ETF Trading Down 1.1 %
NYSEARCA:FDLO opened at $62.35 on Monday. Fidelity Low Volatility Factor ETF has a 52 week low of $53.62 and a 52 week high of $63.32. The firm has a market capitalization of $1.17 billion, a PE ratio of 26.48 and a beta of 0.69. The stock has a 50 day moving average of $61.61 and a 200-day moving average of $61.20.
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.
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