Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) Shares Acquired by Trademark Financial Management LLC

Trademark Financial Management LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 76.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 53,599 shares of the company’s stock after purchasing an additional 23,214 shares during the quarter. Fidelity Small-Mid Multifactor ETF comprises about 1.8% of Trademark Financial Management LLC’s investment portfolio, making the stock its 18th largest position. Trademark Financial Management LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $2,207,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in FSMD. Parcion Private Wealth LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth $19,419,000. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Small-Mid Multifactor ETF by 25.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,476,600 shares of the company’s stock worth $61,131,000 after purchasing an additional 297,662 shares during the period. Systelligence LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth $11,754,000. Stratos Investment Management LLC grew its stake in shares of Fidelity Small-Mid Multifactor ETF by 27.0% during the 4th quarter. Stratos Investment Management LLC now owns 221,454 shares of the company’s stock worth $9,117,000 after purchasing an additional 47,043 shares during the period. Finally, Fifth Third Securities Inc. acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the 4th quarter worth $1,160,000.

Fidelity Small-Mid Multifactor ETF Stock Down 0.2 %

Fidelity Small-Mid Multifactor ETF stock opened at $42.36 on Friday. Fidelity Small-Mid Multifactor ETF has a 52 week low of $35.99 and a 52 week high of $45.16. The firm’s 50-day simple moving average is $42.21 and its 200 day simple moving average is $41.63. The firm has a market capitalization of $355.82 million, a PE ratio of 14.18 and a beta of 0.98.

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.