Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) Shares Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department boosted its holdings in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 6.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 47,017 shares of the company’s stock after acquiring an additional 2,758 shares during the period. Mechanics Bank Trust Department owned 0.44% of Fidelity Low Volatility Factor ETF worth $2,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. AE Wealth Management LLC grew its stake in Fidelity Low Volatility Factor ETF by 55.6% in the 2nd quarter. AE Wealth Management LLC now owns 32,137 shares of the company’s stock valued at $1,610,000 after acquiring an additional 11,481 shares during the last quarter. Verity Asset Management Inc. lifted its holdings in Fidelity Low Volatility Factor ETF by 104.5% in the 1st quarter. Verity Asset Management Inc. now owns 18,672 shares of the company’s stock valued at $887,000 after purchasing an additional 9,543 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Fidelity Low Volatility Factor ETF in the 1st quarter valued at about $93,000. Thrivent Financial for Lutherans lifted its holdings in Fidelity Low Volatility Factor ETF by 7.5% in the 1st quarter. Thrivent Financial for Lutherans now owns 94,694 shares of the company’s stock valued at $4,442,000 after purchasing an additional 6,623 shares in the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in Fidelity Low Volatility Factor ETF in the 1st quarter valued at about $69,000.

Fidelity Low Volatility Factor ETF Trading Down 0.9 %

NYSEARCA:FDLO opened at $50.01 on Friday. The firm has a market cap of $542.61 million, a price-to-earnings ratio of 24.27 and a beta of 0.85. The company’s 50-day moving average is $50.41 and its two-hundred day moving average is $48.84. Fidelity Low Volatility Factor ETF has a 12-month low of $41.37 and a 12-month high of $51.37.

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.