Kestra Investment Management LLC raised its holdings in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD – Free Report) by 6.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,539,359 shares of the company’s stock after buying an additional 99,366 shares during the period. Fidelity Small-Mid Multifactor ETF comprises approximately 1.4% of Kestra Investment Management LLC’s investment portfolio, making the stock its 19th biggest position. Kestra Investment Management LLC owned approximately 3.06% of Fidelity Small-Mid Multifactor ETF worth $75,690,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in Fidelity Small-Mid Multifactor ETF in the third quarter worth approximately $431,000. Calamos Wealth Management LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at $247,000. Kestra Advisory Services LLC lifted its position in shares of Fidelity Small-Mid Multifactor ETF by 97.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 959,448 shares of the company’s stock valued at $47,176,000 after acquiring an additional 474,121 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at $164,670,000. Finally, Chicago Partners Investment Group LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth $615,000.
Fidelity Small-Mid Multifactor ETF Stock Up 2.6%
FSMD opened at $50.26 on Tuesday. The firm has a market cap of $2.50 billion, a PE ratio of 16.74 and a beta of 0.95. The business has a fifty day simple moving average of $50.12 and a 200-day simple moving average of $49.22. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $41.86 and a fifty-two week high of $53.48.
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.
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