AE Wealth Management LLC buys 93,542 shares of Fidelity Low Volatility Factor ETF (NYSEARCA: FDLO)


AE Wealth Management LLC increased its position in the Fidelity Low Volatility Factor ETF (NYSEARCA: FDLO – Get Rating) by 1,047.0% in Q1, Holdings Channel reports. The company held 102,476 shares of the company after purchasing an additional 93,542 shares during the quarter. AE Wealth Management LLC’s holdings in the Fidelity Low Volatility Factor ETF were worth $5,124,000 at the end of the last quarter.

A number of other hedge funds and other institutional investors have also recently changed their positions in the company. Westside Investment Management Inc. increased its holding in the Fidelity Low Volatility Factor ETF by 4.0% in the fourth quarter. Westside Investment Management Inc. now owns 5,800 shares of the company worth $303,000 after purchasing an additional 225 shares in the last quarter. Cetera Advisors LLC increased its stake in Fidelity Low Volatility Factor ETF shares by 3.9% during the third quarter. Cetera Advisors LLC now owns 6,810 shares of the company valued at $324,000 after acquiring 257 additional shares in the last quarter. MML Investors Services LLC increased its stake in Fidelity Low Volatility Factor ETF shares by 5.2% during the third quarter. MML Investors Services LLC now owns 8,899 shares of the company valued at $423,000 after acquiring 436 additional shares last quarter. Verity Asset Management Inc. increased its stake in Fidelity Low Volatility Factor ETF by 13.6% in the fourth quarter. Verity Asset Management Inc. now owns 6,363 shares of the company worth $333,000 after purchasing an additional 764 shares in the last quarter. Finally, Avantax Services Conseils Inc. increased its holdings in the Fidelity Low Volatility Factor ETF by 12.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 7,267 shares of the company worth $380,000 after purchasing an additional 778 shares during the period.

Shares of FDLO opened at $44.61 on Friday. The Fidelity Low Volatility Factor ETF has a 12-month low of $42.33 and a 12-month high of $52.72. The stock has a fifty-day simple moving average of $45.85 and a two-hundred-day simple moving average of $48.22.

Read more

Want to see what other hedge funds hold FDLO? Visit HoldingsChannel.com for the latest 13F deposits and insider trades for the Fidelity Low Volatility Factor ETF (NYSEARCA: FDLO – Get Rating).

Institutional ownership by quarter for the Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)



Receive daily news and reviews for the Fidelity Low Volatility Factor ETF – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for the Fidelity Low Volatility Factor ETF and related companies with MarketBeat.com’s FREE daily newsletter.

About Larry Noble

Check Also

Analysts explain how to invest for returns amid volatility and high inflation

Investors have little room to hide this year, it seems. Stocks are volatile and bonds …