Howard Capital Management Inc. Has $8.23 Million Stock Holdings in Fidelity Low Volatility Factor ETF $FDLO

Howard Capital Management Inc. raised its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 54.5% during the third quarter, Holdings Channel reports. The institutional investor owned 124,883 shares of the company’s stock after buying an additional 44,045 shares during the quarter. Howard Capital Management Inc.’s holdings in Fidelity Low Volatility Factor ETF were worth $8,226,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Fidelity Low Volatility Factor ETF during the second quarter valued at $25,000. CWM LLC raised its holdings in Fidelity Low Volatility Factor ETF by 233.3% during the 2nd quarter. CWM LLC now owns 700 shares of the company’s stock worth $44,000 after purchasing an additional 490 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in Fidelity Low Volatility Factor ETF during the 2nd quarter valued at about $45,000. MTM Investment Management LLC bought a new position in shares of Fidelity Low Volatility Factor ETF in the 2nd quarter valued at about $58,000. Finally, Blue Trust Inc. acquired a new position in Fidelity Low Volatility Factor ETF in the second quarter valued at approximately $67,000.

Fidelity Low Volatility Factor ETF Stock Down 0.0%

Shares of Fidelity Low Volatility Factor ETF stock opened at $68.04 on Friday. Fidelity Low Volatility Factor ETF has a 12 month low of $53.59 and a 12 month high of $68.30. The business has a fifty day simple moving average of $67.30 and a 200 day simple moving average of $65.77. The stock has a market cap of $1.48 billion, a PE ratio of 24.34 and a beta of 0.80.

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.