Fidelity U.S. Multifactor ETF $FLRG Shares Purchased by Berman McAleer LLC

Berman McAleer LLC boosted its stake in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 5.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 291,358 shares of the company’s stock after buying an additional 14,518 shares during the quarter. Fidelity U.S. Multifactor ETF comprises about 1.5% of Berman McAleer LLC’s portfolio, making the stock its 16th largest holding. Berman McAleer LLC’s holdings in Fidelity U.S. Multifactor ETF were worth $11,057,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. AE Wealth Management LLC grew its holdings in shares of Fidelity U.S. Multifactor ETF by 8.5% during the fourth quarter. AE Wealth Management LLC now owns 1,942,395 shares of the company’s stock worth $73,714,000 after purchasing an additional 152,865 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Fidelity U.S. Multifactor ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 273,561 shares of the company’s stock worth $10,456,000 after purchasing an additional 19,364 shares in the last quarter. Centennial Wealth Advisory LLC lifted its holdings in shares of Fidelity U.S. Multifactor ETF by 4.1% in the 4th quarter. Centennial Wealth Advisory LLC now owns 85,632 shares of the company’s stock valued at $3,250,000 after purchasing an additional 3,384 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Fidelity U.S. Multifactor ETF by 272.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 48,565 shares of the company’s stock valued at $1,611,000 after purchasing an additional 35,532 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Fidelity U.S. Multifactor ETF in the 3rd quarter valued at about $1,535,000.

Fidelity U.S. Multifactor ETF Stock Up 0.7%

NYSEARCA:FLRG opened at $40.93 on Friday. The company has a market capitalization of $290.60 million, a PE ratio of 20.13 and a beta of 0.86. Fidelity U.S. Multifactor ETF has a 52-week low of $34.18 and a 52-week high of $40.99. The stock’s 50 day moving average price is $38.37 and its 200 day moving average price is $38.25.

Fidelity U.S. Multifactor ETF Company Profile

The Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors – value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is managed by Fidelity.