Kestra Advisory Services LLC increased its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD – Free Report) by 97.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 959,448 shares of the company’s stock after acquiring an additional 474,121 shares during the period. Kestra Advisory Services LLC owned approximately 1.91% of Fidelity Small-Mid Multifactor ETF worth $47,176,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in FSMD. Western Wealth Management LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF in the first quarter worth approximately $27,000. Toth Financial Advisory Corp acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at $32,000. Global Assets Advisory LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 1st quarter valued at $35,000. Root Financial Partners LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth $89,000. Finally, Allworth Financial LP raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 28.0% in the 2nd quarter. Allworth Financial LP now owns 1,986 shares of the company’s stock worth $105,000 after buying an additional 435 shares in the last quarter.
Fidelity Small-Mid Multifactor ETF Price Performance
Shares of Fidelity Small-Mid Multifactor ETF stock traded up $0.06 during trading on Friday, hitting $48.99. The stock had a trading volume of 183,076 shares, compared to its average volume of 148,163. The firm has a market cap of $2.44 billion, a P/E ratio of 16.74 and a beta of 0.95. The business has a fifty day moving average of $50.14 and a two-hundred day moving average of $49.20. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $41.86 and a fifty-two week high of $53.48.
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.
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