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

Howard Capital Management Inc. increased its position in Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) by 54.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 124,883 shares of the company’s stock after purchasing an additional 44,045 shares during the quarter. Howard Capital Management Inc. owned approximately 0.58% of Fidelity Low Volatility Factor ETF worth $8,226,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Fidelity Low Volatility Factor ETF by 104.7% in the 1st quarter. Royal Bank of Canada now owns 109,915 shares of the company’s stock valued at $6,663,000 after buying an additional 56,230 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Fidelity Low Volatility Factor ETF by 1,088.1% in the first quarter. Goldman Sachs Group Inc. now owns 74,421 shares of the company’s stock valued at $4,511,000 after acquiring an additional 68,157 shares during the period. Empowered Funds LLC acquired a new position in Fidelity Low Volatility Factor ETF in the first quarter worth about $523,000. Jane Street Group LLC acquired a new position in Fidelity Low Volatility Factor ETF in the first quarter worth about $869,000. Finally, IFP Advisors Inc lifted its stake in Fidelity Low Volatility Factor ETF by 14.4% during the second quarter. IFP Advisors Inc now owns 3,511 shares of the company’s stock worth $220,000 after purchasing an additional 443 shares during the period.

Fidelity Low Volatility Factor ETF Trading Down 0.0%

NYSEARCA FDLO opened at $68.04 on Friday. Fidelity Low Volatility Factor ETF has a 1-year low of $53.59 and a 1-year high of $68.30. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 24.34 and a beta of 0.80. The stock’s 50 day moving average is $67.30 and its two-hundred day moving average is $65.77.

About Fidelity Low Volatility Factor ETF

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.