SHP Wealth Management Takes Position in Fidelity Small-Mid Multifactor ETF $FSMD

SHP Wealth Management acquired a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 21,136 shares of the company’s stock, valued at approximately $933,000.

Other institutional investors have also recently modified their holdings of the company. Toth Financial Advisory Corp purchased a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth $28,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity Small-Mid Multifactor ETF in the second quarter valued at $33,000. Creative Financial Designs Inc. ADV lifted its position 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 acquiring an additional 721 shares in the last quarter. Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the fourth quarter valued at $49,000. Finally, Ameritas Advisory Services LLC boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 329.8% during the third quarter. Ameritas Advisory Services LLC now owns 2,020 shares of the company’s stock valued at $89,000 after acquiring an additional 1,550 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Performance

Fidelity Small-Mid Multifactor ETF stock opened at $51.57 on Friday. The stock has a 50-day moving average price of $49.51 and a 200 day moving average price of $46.93. Fidelity Small-Mid Multifactor ETF has a 52 week low of $40.18 and a 52 week high of $52.45. The stock has a market cap of $2.50 billion, a PE ratio of 16.74 and a beta of 0.94.

About Fidelity Small-Mid Multifactor ETF

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.