Private Advisor Group LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,016 shares of the company’s stock, valued at approximately $248,000.
Several other institutional investors have also recently added to or reduced their stakes in FSMD. Wilmington Savings Fund Society FSB acquired a new position in Fidelity Small-Mid Multifactor ETF during the third quarter worth approximately $29,000. Kestra Investment Management LLC acquired a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth approximately $53,000. Principal Securities Inc. increased its position in Fidelity Small-Mid Multifactor ETF by 88.7% during the fourth quarter. Principal Securities Inc. now owns 1,810 shares of the company’s stock worth $75,000 after buying an additional 851 shares during the period. FMR LLC increased its position in Fidelity Small-Mid Multifactor ETF by 126.6% during the third quarter. FMR LLC now owns 1,842 shares of the company’s stock worth $76,000 after buying an additional 1,029 shares during the period. Finally, Eastern Bank increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 115.7% in the fourth 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 period.
Fidelity Small-Mid Multifactor ETF Trading Down 1.6 %
NYSEARCA:FSMD opened at $39.31 on Friday. The firm has a market cap of $801.92 million, a P/E ratio of 17.43 and a beta of 1.08. The stock’s 50 day simple moving average is $41.79 and its 200-day simple moving average is $41.82. Fidelity Small-Mid Multifactor ETF has a 12-month low of $35.99 and a 12-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.
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