Retirement Planning Group LLC Has $147.28 Million Holdings in Fidelity Small-Mid Multifactor ETF $FSMD

Retirement Planning Group LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 2.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,551,494 shares of the company’s stock after acquiring an additional 73,441 shares during the quarter. Fidelity Small-Mid Multifactor ETF makes up 6.3% of Retirement Planning Group LLC’s holdings, making the stock its 4th biggest holding. Retirement Planning Group LLC owned about 9.30% of Fidelity Small-Mid Multifactor ETF worth $147,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in Fidelity Small-Mid Multifactor ETF by 116.7% during the second quarter. IFP Advisors Inc now owns 1,144 shares of the company’s stock worth $47,000 after purchasing an additional 616 shares during the period. Sunbelt Securities Inc. grew its stake in Fidelity Small-Mid Multifactor ETF by 8,857.1% during the first quarter. Sunbelt Securities Inc. now owns 1,254 shares of the company’s stock worth $49,000 after purchasing an additional 1,240 shares during the period. Nova Wealth Management Inc. grew its stake in Fidelity Small-Mid Multifactor ETF by 45.8% during the first quarter. Nova Wealth Management Inc. now owns 3,088 shares of the company’s stock worth $121,000 after purchasing an additional 970 shares during the period. Parallel Advisors LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF in the second quarter valued at approximately $159,000. Finally, BKM Wealth Management LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF in the second quarter valued at approximately $232,000.

Fidelity Small-Mid Multifactor ETF Stock Performance

Shares of Fidelity Small-Mid Multifactor ETF stock opened at $43.83 on Wednesday. Fidelity Small-Mid Multifactor ETF has a 52 week low of $33.95 and a 52 week high of $45.16. The stock has a 50 day moving average price of $43.70 and a two-hundred day moving average price of $41.47. The stock has a market capitalization of $1.81 billion, a PE ratio of 16.74 and a beta of 1.04.

Fidelity Small-Mid Multifactor ETF Profile

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.