Fidelity Small-Mid Multifactor ETF $FSMD is Systelligence LLC’s 8th Largest Position

Systelligence LLC lifted its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 4.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 411,287 shares of the company’s stock after purchasing an additional 15,844 shares during the quarter. Fidelity Small-Mid Multifactor ETF comprises 3.2% of Systelligence LLC’s holdings, making the stock its 8th largest position. Systelligence LLC owned approximately 1.08% of Fidelity Small-Mid Multifactor ETF worth $17,056,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Riverbend Wealth Management LLC raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 1.6% in the second quarter. Riverbend Wealth Management LLC now owns 27,058 shares of the company’s stock worth $1,122,000 after purchasing an additional 430 shares during the last quarter. Nova Wealth Management Inc. raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 19.9% in the second quarter. Nova Wealth Management Inc. now owns 3,704 shares of the company’s stock worth $154,000 after purchasing an additional 616 shares during the last quarter. IFP Advisors Inc raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 116.7% in 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 last quarter. Cedar Point Capital Partners LLC raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 4.5% in the first quarter. Cedar Point Capital Partners LLC now owns 19,152 shares of the company’s stock worth $750,000 after purchasing an additional 830 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 16.1% in the first quarter. Silver Oak Securities Incorporated now owns 8,515 shares of the company’s stock worth $330,000 after purchasing an additional 1,179 shares during the last quarter.

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 price-to-earnings ratio of 16.74 and a beta of 1.04. The stock’s 50-day moving average price is $43.64 and its 200-day moving average price is $41.37.

Fidelity Small-Mid Multifactor ETF Company 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.