Fidelity Small-Mid Multifactor ETF $FSMD Shares Acquired by Systelligence LLC

Systelligence LLC raised its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 411,287 shares of the company’s stock after acquiring an additional 15,844 shares during the quarter. Fidelity Small-Mid Multifactor ETF makes up about 3.2% of Systelligence LLC’s holdings, making the stock its 8th largest holding. Systelligence LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $17,056,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the first quarter valued at approximately $303,000. Stratos Wealth Partners LTD. lifted its position in Fidelity Small-Mid Multifactor ETF by 12.1% during the first quarter. Stratos Wealth Partners LTD. now owns 11,147 shares of the company’s stock worth $437,000 after buying an additional 1,205 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Fidelity Small-Mid Multifactor ETF by 16.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 18,076 shares of the company’s stock worth $708,000 after buying an additional 2,585 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Fidelity Small-Mid Multifactor ETF by 14.5% during the first quarter. Envestnet Asset Management Inc. now owns 437,937 shares of the company’s stock worth $17,150,000 after buying an additional 55,555 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF in the 2nd quarter valued at $159,000.

Fidelity Small-Mid Multifactor ETF Stock Up 0.2%

Shares of FSMD opened at $43.16 on Friday. Fidelity Small-Mid Multifactor ETF has a 52-week low of $33.95 and a 52-week high of $45.16. The company has a market capitalization of $1.79 billion, a PE ratio of 16.74 and a beta of 1.04. The stock has a fifty day simple moving average of $43.64 and a two-hundred day simple moving average of $41.37.

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.