Kestra Advisory Services LLC lifted its position in shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG – Free Report) by 41.9% during the 1st quarter, HoldingsChannel reports. The fund owned 72,214 shares of the company’s stock after purchasing an additional 21,337 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity U.S. Multifactor ETF were worth $2,657,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its position in Fidelity U.S. Multifactor ETF by 7.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 273,561 shares of the company’s stock worth $10,456,000 after purchasing an additional 19,364 shares in the last quarter. AE Wealth Management LLC increased its position in shares of Fidelity U.S. Multifactor ETF by 8.5% in the fourth quarter. AE Wealth Management LLC now owns 1,942,395 shares of the company’s stock valued at $73,714,000 after buying an additional 152,865 shares in the last quarter. Berman McAleer LLC increased its position in shares of Fidelity U.S. Multifactor ETF by 5.2% in the fourth quarter. Berman McAleer LLC now owns 291,358 shares of the company’s stock valued at $11,057,000 after buying an additional 14,518 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Fidelity U.S. Multifactor ETF by 921.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 51,096 shares of the company’s stock worth $1,939,000 after buying an additional 46,096 shares during the period. Finally, High Point Wealth Management LLC acquired a new position in shares of Fidelity U.S. Multifactor ETF during the 4th quarter worth approximately $235,000.
Fidelity U.S. Multifactor ETF Price Performance
Shares of NYSEARCA:FLRG opened at $40.86 on Friday. The firm has a market capitalization of $286.02 million, a price-to-earnings ratio of 20.13 and a beta of 0.85. Fidelity U.S. Multifactor ETF has a 1 year low of $35.73 and a 1 year high of $41.50. The business’s 50 day moving average price is $40.77 and its 200-day moving average price is $39.14.
Fidelity U.S. Multifactor ETF Company Profile
The Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors – value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is managed by Fidelity.
See Also
- Five stocks we like better than Fidelity U.S. Multifactor ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding FLRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG – Free Report).
Receive News & Ratings for Fidelity U.S. Multifactor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity U.S. Multifactor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
