Retirement Planning Group LLC Acquires 1,144,782 Shares of Fidelity Small-Mid Multifactor ETF $FSMD

Retirement Planning Group LLC lifted its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 28.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,165,395 shares of the company’s stock after purchasing an additional 1,144,782 shares during the quarter. Fidelity Small-Mid Multifactor ETF accounts for approximately 7.2% of Retirement Planning Group LLC’s holdings, making the stock its 3rd largest position. Retirement Planning Group LLC owned approximately 10.67% of Fidelity Small-Mid Multifactor ETF worth $230,996,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Toth Financial Advisory Corp acquired a new stake in Fidelity Small-Mid Multifactor ETF in the fourth quarter worth about $28,000. EverSource Wealth Advisors LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 2nd quarter worth about $33,000. Global Assets Advisory LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 1st quarter worth about $35,000. Creative Financial Designs Inc. ADV lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 283.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 975 shares of the company’s stock worth $43,000 after acquiring an additional 721 shares during the period. Finally, Portfolio Resources Advisor Group Inc. acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 4th quarter worth approximately $49,000.

Fidelity Small-Mid Multifactor ETF Price Performance

NYSEARCA FSMD opened at $50.98 on Tuesday. Fidelity Small-Mid Multifactor ETF has a 12 month low of $40.79 and a 12 month high of $53.00. The firm has a market capitalization of $2.51 billion, a PE ratio of 16.74 and a beta of 0.93. The company’s 50 day simple moving average is $50.66 and its 200 day simple moving average is $47.76.

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.