Samalin Investment Counsel LLC Sells 763 Shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO)

Samalin Investment Counsel LLC cut its holdings in shares of Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 7.4% during the fourth quarter, Holdings Channel reports. The fund owned 9,584 shares of the company’s stock after selling 763 shares during the period. Samalin Investment Counsel LLC’s holdings in Fidelity Low Volatility Factor ETF were worth $581,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FDLO. FMR LLC grew its position in Fidelity Low Volatility Factor ETF by 15.8% during the 3rd quarter. FMR LLC now owns 9,352,065 shares of the company’s stock worth $573,749,000 after acquiring an additional 1,279,047 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Fidelity Low Volatility Factor ETF during the 4th quarter worth approximately $6,186,000. Tempus Wealth Planning LLC bought a new stake in Fidelity Low Volatility Factor ETF during the 4th quarter worth approximately $1,678,000. Jane Street Group LLC bought a new stake in Fidelity Low Volatility Factor ETF during the 3rd quarter worth approximately $1,514,000. Finally, Commonwealth Equity Services LLC grew its position in Fidelity Low Volatility Factor ETF by 3.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 748,404 shares of the company’s stock worth $45,346,000 after acquiring an additional 23,477 shares during the last quarter.

Fidelity Low Volatility Factor ETF Price Performance

NYSEARCA FDLO opened at $60.25 on Friday. The firm has a market cap of $1.34 billion, a PE ratio of 24.70 and a beta of 0.86. Fidelity Low Volatility Factor ETF has a one year low of $53.62 and a one year high of $63.32. The stock’s 50 day simple moving average is $61.74 and its 200 day simple moving average is $61.50.

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.