Liberty Square Wealth Partners LLC increased its stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD – Free Report) by 22.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 317,635 shares of the company’s stock after buying an additional 57,652 shares during the quarter. Fidelity Small-Mid Multifactor ETF comprises approximately 4.0% of Liberty Square Wealth Partners LLC’s investment portfolio, making the stock its 7th biggest holding. Liberty Square Wealth Partners LLC owned 0.66% of Fidelity Small-Mid Multifactor ETF worth $14,205,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in FSMD. Toth Financial Advisory Corp purchased a new position in Fidelity Small-Mid Multifactor ETF in the 4th quarter worth $28,000. EverSource Wealth Advisors LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF during the 2nd quarter valued at about $33,000. Global Assets Advisory LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF in the first quarter valued at about $35,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 283.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 975 shares of the company’s stock valued at $43,000 after purchasing an additional 721 shares during the period. Finally, Portfolio Resources Advisor Group Inc. purchased a new position in shares of Fidelity Small-Mid Multifactor ETF in the fourth quarter worth about $49,000.
Fidelity Small-Mid Multifactor ETF Stock Down 0.6%
Shares of NYSEARCA:FSMD opened at $50.76 on Friday. Fidelity Small-Mid Multifactor ETF has a 52-week low of $40.79 and a 52-week high of $53.00. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 16.74 and a beta of 0.93. The business has a 50-day moving average price of $50.75 and a 200-day moving average price of $47.90.
Fidelity Small-Mid Multifactor ETF 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.
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