Citadel Advisors LLC Purchases 30,134 Shares of Fidelity U.S. Multifactor ETF $FLRG

Citadel Advisors LLC boosted its position in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 187.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,168 shares of the company’s stock after purchasing an additional 30,134 shares during the period. Citadel Advisors LLC’s holdings in Fidelity U.S. Multifactor ETF were worth $1,894,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Western Wealth Management LLC acquired a new stake in shares of Fidelity U.S. Multifactor ETF during the first quarter valued at about $2,650,000. Northwestern Mutual Wealth Management Co. boosted its position in 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. Susquehanna International Group LLP bought a new stake in Fidelity U.S. Multifactor ETF during the 3rd quarter worth approximately $1,535,000. Goldman Sachs Group Inc. grew its holdings in Fidelity U.S. Multifactor ETF by 272.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 48,565 shares of the company’s stock worth $1,611,000 after acquiring an additional 35,532 shares during the last quarter. Finally, Berman McAleer LLC increased its position in Fidelity U.S. Multifactor ETF by 10.8% in the 1st quarter. Berman McAleer LLC now owns 322,951 shares of the company’s stock valued at $11,881,000 after acquiring an additional 31,593 shares during the period.

Fidelity U.S. Multifactor ETF Stock Performance

Shares of NYSEARCA:FLRG opened at $42.09 on Wednesday. The firm has a market cap of $294.63 million, a PE ratio of 20.13 and a beta of 0.85. The firm’s fifty day moving average is $41.86 and its 200-day moving average is $40.14. Fidelity U.S. Multifactor ETF has a 52 week low of $35.94 and a 52 week high of $43.05.

Fidelity U.S. Multifactor ETF 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.