Kestra Private Wealth Services LLC Purchases 18,862 Shares of Fidelity Small-Mid Multifactor ETF $FSMD

Kestra Private Wealth Services LLC grew its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 32.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,248 shares of the company’s stock after buying an additional 18,862 shares during the quarter. Kestra Private Wealth Services LLC owned 0.17% of Fidelity Small-Mid Multifactor ETF worth $3,365,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. GEN Financial Management INC. acquired a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter valued at approximately $13,180,000. Presper Financial Architects LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter valued at $2,923,000. Global Financial Private Client LLC increased its stake in shares of Fidelity Small-Mid Multifactor ETF by 73.2% in the 3rd quarter. Global Financial Private Client LLC now owns 28,056 shares of the company’s stock valued at $1,235,000 after purchasing an additional 11,855 shares during the last quarter. Hicks Capital Management LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth $1,115,000. Finally, Smartleaf Asset Management LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth $3,179,000.

Fidelity Small-Mid Multifactor ETF Stock Down 0.7%

NYSEARCA:FSMD opened at $47.95 on Thursday. The stock’s 50-day simple moving average is $46.31 and its 200 day simple moving average is $45.29. The firm has a market capitalization of $2.32 billion, a PE ratio of 16.74 and a beta of 0.94. Fidelity Small-Mid Multifactor ETF has a twelve month low of $37.58 and a twelve month high of $49.21.

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.