RMR Wealth Builders Sells 8,011 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

RMR Wealth Builders lowered its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 58.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,712 shares of the company’s stock after selling 8,011 shares during the period. RMR Wealth Builders’ holdings in Fidelity Low Volatility Factor ETF were worth $303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDLO. Birchcreek Wealth Management LLC bought a new stake in Fidelity Low Volatility Factor ETF during the 4th quarter worth $232,000. VitalStone Financial LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 3rd quarter valued at about $248,000. Destiny Wealth Partners LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 4th quarter valued at about $272,000. Kingswood Wealth Advisors LLC bought a new stake in shares of Fidelity Low Volatility Factor ETF in the 4th quarter valued at about $361,000. Finally, Avantax Advisory Services Inc. grew its position in shares of Fidelity Low Volatility Factor ETF by 8.5% in the 3rd quarter. Avantax Advisory Services Inc. now owns 8,672 shares of the company’s stock valued at $422,000 after buying an additional 683 shares during the last quarter.

Fidelity Low Volatility Factor ETF Stock Down 0.1 %

Shares of NYSEARCA FDLO traded down $0.04 during trading on Wednesday, reaching $55.43. The company had a trading volume of 58,041 shares, compared to its average volume of 142,732. The stock has a market cap of $1.04 billion, a P/E ratio of 26.48 and a beta of 0.69. The company’s fifty day moving average price is $55.08 and its 200-day moving average price is $53.42. Fidelity Low Volatility Factor ETF has a 12 month low of $47.41 and a 12 month high of $56.27.

Fidelity Low Volatility Factor ETF Company 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.