SHP Wealth Management Acquires New Position in Fidelity Small-Mid Multifactor ETF $FSMD

SHP Wealth Management bought a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMDFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm bought 21,136 shares of the company’s stock, valued at approximately $933,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FSMD. Toth Financial Advisory Corp acquired a new position in Fidelity Small-Mid Multifactor ETF in the 4th quarter valued at $28,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the second quarter worth $33,000. Creative Financial Designs Inc. ADV boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 283.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 975 shares of the company’s stock worth $43,000 after purchasing an additional 721 shares during the last quarter. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of Fidelity Small-Mid Multifactor ETF in the fourth quarter valued at $49,000. Finally, Ameritas Advisory Services LLC grew its position in shares of Fidelity Small-Mid Multifactor ETF by 329.8% in the third quarter. Ameritas Advisory Services LLC now owns 2,020 shares of the company’s stock valued at $89,000 after purchasing an additional 1,550 shares during the period.

Fidelity Small-Mid Multifactor ETF Stock Performance

Fidelity Small-Mid Multifactor ETF stock opened at $51.57 on Friday. The firm has a market capitalization of $2.50 billion, a P/E ratio of 16.74 and a beta of 0.94. The stock has a fifty day moving average price of $49.51 and a 200 day moving average price of $46.93. Fidelity Small-Mid Multifactor ETF has a 52 week low of $40.18 and a 52 week high of $52.45.

Fidelity Small-Mid Multifactor ETF Company Profile

(Free Report)

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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Want to see what other hedge funds are holding FSMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMDFree Report).

Institutional Ownership by Quarter for Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

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