Kestra Private Wealth Services LLC Buys 14,726 Shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Kestra Private Wealth Services LLC boosted its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 101.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,185 shares of the company’s stock after buying an additional 14,726 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $1,202,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth about $29,000. FMR LLC increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 126.6% during the third quarter. FMR LLC now owns 1,842 shares of the company’s stock worth $76,000 after buying an additional 1,029 shares in the last quarter. Eastern Bank bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the third quarter valued at approximately $83,000. Foundations Investment Advisors LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF in the 4th quarter worth approximately $207,000. Finally, Prairie Wealth Advisors Inc. bought a new stake in Fidelity Small-Mid Multifactor ETF during the 4th quarter worth approximately $216,000.

Fidelity Small-Mid Multifactor ETF Price Performance

FSMD stock opened at $41.94 on Thursday. The stock has a market capitalization of $352.30 million, a price-to-earnings ratio of 14.18 and a beta of 0.98. The business has a fifty day moving average price of $42.28 and a 200 day moving average price of $41.61. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $35.88 and a fifty-two week high of $45.16.

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.