Global Retirement Partners LLC Raises Stock Position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Global Retirement Partners LLC grew its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 2,340.1% in the 4th quarter, HoldingsChannel reports. The firm owned 5,051 shares of the company’s stock after purchasing an additional 4,844 shares during the quarter. Global Retirement Partners LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $208,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter valued at about $29,000. Kestra Investment Management LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF in the fourth quarter valued at approximately $53,000. Principal Securities Inc. lifted its stake in Fidelity Small-Mid Multifactor ETF by 88.7% in the fourth quarter. Principal Securities Inc. now owns 1,810 shares of the company’s stock worth $75,000 after acquiring an additional 851 shares during the last quarter. FMR LLC grew its holdings in Fidelity Small-Mid Multifactor ETF by 126.6% during the 3rd quarter. FMR LLC now owns 1,842 shares of the company’s stock worth $76,000 after acquiring an additional 1,029 shares in the last quarter. Finally, Eastern Bank increased its position in shares of Fidelity Small-Mid Multifactor ETF by 115.7% in the 4th quarter. Eastern Bank now owns 4,345 shares of the company’s stock valued at $179,000 after purchasing an additional 2,331 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 0.0 %

Shares of FSMD opened at $40.96 on Wednesday. The firm has a market capitalization of $344.06 million, a price-to-earnings ratio of 14.18 and a beta of 0.98. The firm’s fifty day simple moving average is $41.98 and its 200-day simple moving average is $41.80. Fidelity Small-Mid Multifactor ETF has a twelve month low of $35.99 and a twelve month high of $45.16.

About Fidelity Small-Mid Multifactor ETF

The Fidelity Small-Mid Factor ETF (FSMD) is an exchange-traded fund that is based on the Fidelity Small-Mid Multifactor index. The fund tracks a multi-factored index of US companies. FSMD was launched on Feb 26, 2019 and is managed by Fidelity.