Fidelity Small-Mid Multifactor ETF $FSMD Stake Boosted by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 1,307.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,604 shares of the company’s stock after purchasing an additional 29,358 shares during the quarter. IFP Advisors Inc’s holdings in Fidelity Small-Mid Multifactor ETF were worth $1,395,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Fidelity Small-Mid Multifactor ETF during the third quarter worth $27,000. Toth Financial Advisory Corp bought a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter worth $28,000. EverSource Wealth Advisors LLC bought a new position in Fidelity Small-Mid Multifactor ETF during the second quarter worth $33,000. Creative Financial Designs Inc. ADV lifted its stake in Fidelity Small-Mid Multifactor ETF by 283.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 975 shares of the company’s stock worth $43,000 after purchasing an additional 721 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its position in Fidelity Small-Mid Multifactor ETF by 329.8% in the third quarter. Ameritas Advisory Services LLC now owns 2,020 shares of the company’s stock worth $89,000 after buying an additional 1,550 shares during the period.

Fidelity Small-Mid Multifactor ETF Price Performance

Shares of NYSEARCA FSMD opened at $49.69 on Friday. Fidelity Small-Mid Multifactor ETF has a 1-year low of $39.61 and a 1-year high of $50.44. The business’s fifty day moving average price is $47.16 and its two-hundred day moving average price is $45.90. The firm has a market capitalization of $2.40 billion, a PE ratio of 16.74 and a beta of 0.94.

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.