Ameritas Advisory Services LLC Has $8.19 Million Holdings in Fidelity Low Volatility Factor ETF $FDLO

Ameritas Advisory Services LLC cut its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 49.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,449 shares of the company’s stock after selling 125,257 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.67% of Fidelity Low Volatility Factor ETF worth $8,192,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. GAMMA Investing LLC raised its position in Fidelity Low Volatility Factor ETF by 5,962.0% in the first quarter. GAMMA Investing LLC now owns 11,639 shares of the company’s stock valued at $706,000 after purchasing an additional 11,447 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Fidelity Low Volatility Factor ETF by 3.3% in the first quarter. Envestnet Asset Management Inc. now owns 611,643 shares of the company’s stock worth $37,078,000 after purchasing an additional 19,305 shares in the last quarter. LPL Financial LLC increased its holdings in Fidelity Low Volatility Factor ETF by 17.5% in the first quarter. LPL Financial LLC now owns 197,160 shares of the company’s stock worth $11,952,000 after purchasing an additional 29,302 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Fidelity Low Volatility Factor ETF by 0.6% during the first quarter. Raymond James Financial Inc. now owns 102,697 shares of the company’s stock valued at $6,225,000 after acquiring an additional 603 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Fidelity Low Volatility Factor ETF by 26.3% during the first quarter. Atria Wealth Solutions Inc. now owns 9,702 shares of the company’s stock valued at $588,000 after acquiring an additional 2,020 shares in the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA FDLO opened at $65.93 on Friday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 24.34 and a beta of 0.85. Fidelity Low Volatility Factor ETF has a 52 week low of $53.59 and a 52 week high of $66.04. The business has a 50 day moving average price of $64.67 and a 200-day moving average price of $62.02.

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.