GFG Capital LLC Sells 1,414 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

GFG Capital LLC lowered its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 162,781 shares of the company’s stock after selling 1,414 shares during the period. Fidelity Low Volatility Factor ETF makes up about 2.6% of GFG Capital LLC’s holdings, making the stock its 12th biggest position. GFG Capital LLC owned about 0.87% of Fidelity Low Volatility Factor ETF worth $9,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brookstone Capital Management increased its holdings in Fidelity Low Volatility Factor ETF by 16.5% during the 4th quarter. Brookstone Capital Management now owns 7,626 shares of the company’s stock worth $462,000 after acquiring an additional 1,078 shares during the period. Stifel Financial Corp increased its holdings in 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 worth $2,050,000 after acquiring an additional 5,341 shares during the period. Raymond James & Associates grew its stake in Fidelity Low Volatility Factor ETF by 4.6% in the 3rd quarter. Raymond James & Associates now owns 88,844 shares of the company’s stock worth $5,451,000 after buying an additional 3,901 shares in the last quarter. Foundations Investment Advisors LLC purchased a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth approximately $552,000. Finally, Jane Street Group LLC purchased a new position in Fidelity Low Volatility Factor ETF in the 3rd quarter worth approximately $1,514,000.

Fidelity Low Volatility Factor ETF Price Performance

FDLO stock opened at $62.87 on Friday. Fidelity Low Volatility Factor ETF has a one year low of $53.62 and a one year high of $63.19. The stock has a market cap of $1.18 billion, a PE ratio of 26.48 and a beta of 0.69. The firm has a 50 day simple moving average of $61.61 and a two-hundred day simple moving average of $60.95.

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.