Money Concepts Capital Corp Makes New Investment in Fidelity Small-Mid Multifactor ETF $FSMD

Money Concepts Capital Corp acquired a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 18,446 shares of the company’s stock, valued at approximately $814,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FSMD. GEN Financial Management INC. purchased a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth $13,180,000. Bank of America Corp DE boosted its stake in Fidelity Small-Mid Multifactor ETF by 30.6% during the second quarter. Bank of America Corp DE now owns 1,116,813 shares of the company’s stock worth $46,314,000 after buying an additional 261,808 shares during the period. Retirement Planning Group LLC boosted its stake in Fidelity Small-Mid Multifactor ETF by 7.1% during the third quarter. Retirement Planning Group LLC now owns 3,803,734 shares of the company’s stock worth $167,402,000 after buying an additional 252,240 shares during the period. Prasad Wealth Partners LLC purchased a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth $8,392,000. Finally, MML Investors Services LLC boosted its stake in Fidelity Small-Mid Multifactor ETF by 2,394.9% during the second quarter. MML Investors Services LLC now owns 139,142 shares of the company’s stock worth $5,770,000 after buying an additional 133,565 shares during the period.

Fidelity Small-Mid Multifactor ETF Stock Down 0.3%

NYSEARCA FSMD opened at $49.34 on Thursday. The firm has a market capitalization of $2.39 billion, a price-to-earnings ratio of 16.74 and a beta of 0.94. Fidelity Small-Mid Multifactor ETF has a 52 week low of $39.61 and a 52 week high of $50.44. The company has a fifty day moving average of $46.68 and a two-hundred day moving average of $45.64.

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.