Segall Bryant & Hamill LLC Sells 11,506 Shares of Fidelity Low Volatility Factor ETF $FDLO

Segall Bryant & Hamill LLC cut its position in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 5.6% during the first quarter, Holdings Channel reports. The institutional investor owned 192,247 shares of the company’s stock after selling 11,506 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $12,417,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDLO. Campbell Deegan Wealth Management LLC increased its position in shares of Fidelity Low Volatility Factor ETF by 3.4% during the fourth quarter. Campbell Deegan Wealth Management LLC now owns 330,360 shares of the company’s stock valued at $22,052,000 after purchasing an additional 10,950 shares during the period. AE Wealth Management LLC lifted its position in Fidelity Low Volatility Factor ETF by 37.2% in the fourth quarter. AE Wealth Management LLC now owns 117,214 shares of the company’s stock worth $7,824,000 after purchasing an additional 31,764 shares during the period. Howard Capital Management Inc. boosted its stake in Fidelity Low Volatility Factor ETF by 86.9% during the fourth quarter. Howard Capital Management Inc. now owns 233,344 shares of the company’s stock worth $15,576,000 after buying an additional 108,461 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Fidelity Low Volatility Factor ETF by 92.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 25,384 shares of the company’s stock worth $1,694,000 after buying an additional 12,163 shares in the last quarter. Finally, Hershey Financial Advisers LLC bought a new stake in Fidelity Low Volatility Factor ETF in the 1st quarter valued at $1,210,000.

Fidelity Low Volatility Factor ETF Stock Performance

Shares of FDLO stock opened at $71.78 on Monday. Fidelity Low Volatility Factor ETF has a 52-week low of $62.23 and a 52-week high of $72.10. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 24.34 and a beta of 0.77. The firm has a fifty day moving average of $69.63 and a 200-day moving average of $68.26.

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.