5,764,974 Shares in Fidelity Small-Mid Multifactor ETF $FSMD Bought by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,764,974 shares of the company’s stock, valued at approximately $283,464,000. Fidelity Small-Mid Multifactor ETF accounts for approximately 6.5% of Retirement Planning Group LLC’s portfolio, making the stock its 4th biggest position. Retirement Planning Group LLC owned approximately 0.11% of Fidelity Small-Mid Multifactor ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Western Wealth Management LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF during the first quarter valued at $27,000. Toth Financial Advisory Corp acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the third quarter worth $32,000. Global Assets Advisory LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the first quarter worth $35,000. Allworth Financial LP grew its stake in shares of Fidelity Small-Mid Multifactor ETF by 28.0% in the second quarter. Allworth Financial LP now owns 1,986 shares of the company’s stock worth $105,000 after purchasing an additional 435 shares during the last quarter. Finally, Fifth Third Bancorp grew its stake in shares of Fidelity Small-Mid Multifactor ETF by 464.9% in the first quarter. Fifth Third Bancorp now owns 2,689 shares of the company’s stock worth $120,000 after purchasing an additional 2,213 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Down 0.0%

NYSEARCA FSMD opened at $49.34 on Tuesday. The company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 16.74 and a beta of 0.94. Fidelity Small-Mid Multifactor ETF has a twelve month low of $41.86 and a twelve month high of $53.48. The stock has a fifty day simple moving average of $50.73 and a 200 day simple moving average of $50.28.

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.