Today, Fidelity Covington Trust – Fidelity Low Volatility Factor ETF Inc (NYSE: FDLO) stock gained $ 0.14, an increase of 0.28%. Fidelity Covington – The Fidelity Low Volatility ETF opened at $ 50.46 before trading between $ 50.63 and $ 50.24 throughout Wednesday’s trading session. The activity saw the market capitalization of Fidelity Covington – Fidelity Low Volatility Factor ETF reach $ 518,957,500 on 28,162 stocks – below their 30-day average of 59,487.

See the Fidelity Covington Trust ETF Profile – Fidelity Low Volatility ETF for more information.

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T. Rowe Price to acquire Oak Hill Advisors for $ 4.2 billion

T. Rowe Price Group Inc plans to acquire credit manager Oak Hill Advisors for up to $ 4.2 billion, marking its first major expansion into private markets in an offer to expand into the US. beyond its mutual fund retirement business.

Last week, the Baltimore-based fund management company said it would pay in cash and shares to acquire 100% of the shares of Oak Hill, which as of July 31 had a capital under management of 53 billions of dollars.

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Amazon now owns 20% of electric truck maker Rivian

Amazon.com Inc (AMZN), one of Rivian Automotive Inc’s top funders, now owns about a fifth of the electric truck startup, the e-commerce giant revealed in a quarterly filing with the Securities and Exchange US Commission (SEC).

As of September 30, Amazon had a 20% stake that had a book value of $ 3.8 billion, up from $ 2.7 billion at the end of 2020, according to the company’s latest Form 10-Q.

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Republican Glenn Youngkin wins Virginia governor’s race

Republican Glenn Youngkin won the Virginia governor’s race early Wednesday, leveraging the Culture War fights on schools and the race to unite former President Donald Trump’s staunchest supporters with enough voters to suburb to become the first GOP candidate to win a statewide post in a dozen years.

54-year-old Youngkin’s loss to Democrat Terry McAuliffe marked a brutal turnaround in a state that had shifted to the left over the past decade and which President Joe Biden won by 10 points in 2020 And as the party felt the sting of defeat, Democratic Gov. Phil Murphy of New Jersey was virtually deadlocked in his bid for re-election in a state Biden won by 15 points.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value with more than $ 26 trillion. It is also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven biggest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

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Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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Amazon now owns 20% of electric truck maker Rivian

Republican Glenn Youngkin wins Virginia governor’s race

Coca-Cola acquires full ownership of Bodyarmor for $ 5.8 billion

T. Rowe Price to acquire Oak Hill Advisors for $ 4.2 billion

Salad Chain Sweetgreen files an initial public offering

CDC extends COVID-19 safety rules for cruise industry until January 15

Hertz orders 100,000 Tesla Model 3 vehicles; First step towards an electrifying fleet

Restaurant Brands International missed revenue estimates; Cites staff shortage, COVID-19