Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Reaches New 1-Year High at $56.27

Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) reached a new 52-week high on Thursday . The company traded as high as $56.27 and last traded at $56.18, with a volume of 65344 shares. The stock had previously closed at $56.07.

Fidelity Low Volatility Factor ETF Stock Up 0.1 %

The company has a market capitalization of $609.01 million, a price-to-earnings ratio of 24.27 and a beta of 0.85. The stock has a fifty day moving average price of $55.04 and a two-hundred day moving average price of $52.31.

Institutional Investors Weigh In On Fidelity Low Volatility Factor ETF

Institutional investors have recently added to or reduced their stakes in the company. Voisard Asset Management Group Inc. acquired a new position in shares of Fidelity Low Volatility Factor ETF in the fourth quarter worth about $26,000. O Shaughnessy Asset Management LLC acquired a new stake in Fidelity Low Volatility Factor ETF in the 3rd quarter valued at approximately $34,000. Harbour Investments Inc. increased its position in Fidelity Low Volatility Factor ETF by 688.7% in the 4th quarter. Harbour Investments Inc. now owns 1,191 shares of the company’s stock valued at $55,000 after acquiring an additional 1,040 shares during the period. Sunbelt Securities Inc. acquired a new stake in Fidelity Low Volatility Factor ETF in the 1st quarter valued at approximately $69,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Fidelity Low Volatility Factor ETF during the 1st quarter valued at $93,000.

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.