Centennial Wealth Advisory LLC grew its holdings in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG – Free Report) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,595 shares of the company’s stock after purchasing an additional 427 shares during the quarter. Fidelity U.S. Multifactor ETF comprises about 0.9% of Centennial Wealth Advisory LLC’s investment portfolio, making the stock its 17th largest position. Centennial Wealth Advisory LLC owned 1.99% of Fidelity U.S. Multifactor ETF worth $2,353,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in FLRG. JPMorgan Chase & Co. acquired a new stake in shares of Fidelity U.S. Multifactor ETF in the 3rd quarter valued at $46,000. West Branch Capital LLC acquired a new stake in Fidelity U.S. Multifactor ETF in the fourth quarter worth about $93,000. FMR LLC boosted its stake in shares of Fidelity U.S. Multifactor ETF by 283.2% in the 3rd quarter. FMR LLC now owns 4,595 shares of the company’s stock valued at $156,000 after purchasing an additional 3,396 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Fidelity U.S. Multifactor ETF by 1.2% during the second quarter. Cetera Investment Advisers now owns 51,282 shares of the company’s stock worth $1,619,000 after buying an additional 632 shares during the last quarter.
Fidelity U.S. Multifactor ETF Stock Performance
Shares of FLRG stock opened at $35.47 on Thursday. The firm’s 50 day moving average price is $34.83 and its two-hundred day moving average price is $33.95. The stock has a market cap of $124.15 million, a PE ratio of 17.98 and a beta of 0.88. Fidelity U.S. Multifactor ETF has a 52-week low of $28.41 and a 52-week high of $35.85.
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.
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