Fidelity Small-Mid Factor ETF (NYSEARCA:FSMD) Shares Down 0.6%

Fidelity Small-Mid Factor ETF (NYSEARCA:FSMD)’s share price traded down 0.6% during mid-day trading on Thursday . The stock traded as low as $36.59 and last traded at $36.92. 15,165 shares were traded during mid-day trading, a decline of 83% from the average session volume of 87,602 shares. The stock had previously closed at $37.14.

Fidelity Small-Mid Factor ETF Trading Up 0.2 %

The company’s 50 day moving average is $37.51 and its 200-day moving average is $35.37. The company has a market capitalization of $214.66 million, a P/E ratio of 13.50 and a beta of 0.98.

Institutional Trading of Fidelity Small-Mid Factor ETF

Several institutional investors have recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in Fidelity Small-Mid Factor ETF by 14.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 922,341 shares of the company’s stock valued at $33,416,000 after purchasing an additional 118,816 shares during the last quarter. Kestra Advisory Services LLC grew its position in Fidelity Small-Mid Factor ETF by 8.8% during the 3rd quarter. Kestra Advisory Services LLC now owns 319,591 shares of the company’s stock valued at $10,313,000 after purchasing an additional 25,923 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in Fidelity Small-Mid Factor ETF during the 1st quarter valued at about $9,247,000. Lincoln National Corp grew its position in Fidelity Small-Mid Factor ETF by 0.7% during the 4th quarter. Lincoln National Corp now owns 48,486 shares of the company’s stock valued at $1,757,000 after purchasing an additional 314 shares during the last quarter. Finally, Advisory Services Network LLC grew its position in Fidelity Small-Mid Factor ETF by 24.4% during the 4th quarter. Advisory Services Network LLC now owns 37,515 shares of the company’s stock valued at $1,359,000 after purchasing an additional 7,349 shares during the last quarter.

About Fidelity Small-Mid Factor 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.