Ameritas Advisory Services LLC Has $15.87 Million Stock Position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Ameritas Advisory Services LLC cut its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 13.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 261,960 shares of the company’s stock after selling 41,511 shares during the period. Ameritas Advisory Services LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $15,872,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity Low Volatility Factor ETF by 10.3% during the second quarter. Envestnet Asset Management Inc. now owns 536,162 shares of the company’s stock valued at $30,583,000 after acquiring an additional 50,154 shares in the last quarter. AE Wealth Management LLC increased its stake in Fidelity Low Volatility Factor ETF by 69.6% during the 2nd quarter. AE Wealth Management LLC now owns 59,071 shares of the company’s stock valued at $3,369,000 after purchasing an additional 24,243 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Fidelity Low Volatility Factor ETF by 26.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 116,047 shares of the company’s stock valued at $6,619,000 after purchasing an additional 23,978 shares in the last quarter. Kowal Investment Group LLC lifted its stake in shares of Fidelity Low Volatility Factor ETF by 6.6% in the second quarter. Kowal Investment Group LLC now owns 12,016 shares of the company’s stock valued at $685,000 after buying an additional 740 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Fidelity Low Volatility Factor ETF by 0.4% during the second quarter. NewEdge Advisors LLC now owns 145,374 shares of the company’s stock valued at $8,292,000 after buying an additional 552 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

FDLO opened at $61.00 on Friday. Fidelity Low Volatility Factor ETF has a fifty-two week low of $53.02 and a fifty-two week high of $63.19. The firm has a market capitalization of $1.14 billion, a PE ratio of 26.48 and a beta of 0.69. The company’s 50-day moving average is $61.64 and its 200 day moving average is $60.43.

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.