Presper Financial Architects LLC Makes New Investment in Fidelity Small-Mid Multifactor ETF $FSMD

Presper Financial Architects LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 66,424 shares of the company’s stock, valued at approximately $2,923,000. Fidelity Small-Mid Multifactor ETF accounts for 1.7% of Presper Financial Architects LLC’s holdings, making the stock its 9th largest holding. Presper Financial Architects LLC owned about 0.16% of Fidelity Small-Mid Multifactor ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FSMD. Royal Bank of Canada lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 30.9% during the 1st quarter. Royal Bank of Canada now owns 18,651 shares of the company’s stock worth $730,000 after acquiring an additional 4,399 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in Fidelity Small-Mid Multifactor ETF by 104.6% in the first quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock worth $1,643,000 after purchasing an additional 21,452 shares during the period. Jane Street Group LLC lifted its position in shares of Fidelity Small-Mid Multifactor ETF by 113.0% during the first quarter. Jane Street Group LLC now owns 165,027 shares of the company’s stock worth $6,462,000 after purchasing an additional 87,542 shares during the last quarter. Parallel Advisors LLC purchased a new stake in shares of Fidelity Small-Mid Multifactor ETF during the second quarter valued at $159,000. Finally, Breakwater Capital Group bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the second quarter worth about $671,000.

Fidelity Small-Mid Multifactor ETF Price Performance

FSMD stock opened at $46.41 on Friday. Fidelity Small-Mid Multifactor ETF has a 12 month low of $33.95 and a 12 month high of $46.58. The firm’s 50-day moving average is $44.39 and its 200 day moving average is $43.55. The company has a market capitalization of $2.04 billion, a PE ratio of 16.74 and a beta of 0.98.

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.