Fidelity Small-Mid Multifactor ETF $FSMD Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 94.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 841,578 shares of the company’s stock after purchasing an additional 408,953 shares during the period. Sanctuary Advisors LLC owned approximately 1.74% of Fidelity Small-Mid Multifactor ETF worth $37,635,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FSMD. GEN Financial Management INC. bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 4th quarter worth $13,180,000. Emerald Advisors LLC boosted its stake in Fidelity Small-Mid Multifactor ETF by 323.7% during the fourth quarter. Emerald Advisors LLC now owns 30,720 shares of the company’s stock valued at $1,356,000 after buying an additional 23,470 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Small-Mid Multifactor ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,968 shares of the company’s stock valued at $15,135,000 after buying an additional 17,264 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Fidelity Small-Mid Multifactor ETF by 7.8% during the fourth quarter. Farther Finance Advisors LLC now owns 194,891 shares of the company’s stock worth $8,601,000 after acquiring an additional 14,173 shares during the period. Finally, Money Concepts Capital Corp acquired a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth about $814,000.

Fidelity Small-Mid Multifactor ETF Trading Up 0.4%

Shares of Fidelity Small-Mid Multifactor ETF stock opened at $51.20 on Wednesday. The company’s 50-day moving average price is $50.69 and its two-hundred day moving average price is $47.80. 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 $2.53 billion, a PE ratio of 16.74 and a beta of 0.93.

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.