Fidelity Small-Mid Multifactor ETF $FSMD Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its holdings in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 97.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 959,448 shares of the company’s stock after buying an additional 474,121 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $47,176,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in FSMD. Retirement Planning Group LLC acquired a new position in Fidelity Small-Mid Multifactor ETF in the third quarter worth approximately $283,464,000. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at $164,670,000. Envestnet Asset Management Inc. lifted its position in shares of Fidelity Small-Mid Multifactor ETF by 12.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,369,532 shares of the company’s stock valued at $125,230,000 after acquiring an additional 260,764 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 12.5% during the 1st quarter. Bank of America Corp DE now owns 1,277,438 shares of the company’s stock worth $57,127,000 after acquiring an additional 141,664 shares in the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 94.5% in the 1st quarter. Sanctuary Advisors LLC now owns 841,578 shares of the company’s stock worth $37,635,000 after acquiring an additional 408,953 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Up 0.1%

Shares of NYSEARCA FSMD traded up $0.06 during mid-day trading on Friday, reaching $48.99. The company had a trading volume of 183,076 shares, compared to its average volume of 148,163. The company has a 50-day moving average price of $50.14 and a two-hundred day moving average price of $49.20. The stock has a market cap of $2.44 billion, a PE ratio of 16.74 and a beta of 0.95. Fidelity Small-Mid Multifactor ETF has a 1-year low of $41.86 and a 1-year high of $53.48.

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.