Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) Position Trimmed by Sterling Manor Financial LLC

Sterling Manor Financial LLC trimmed its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMDFree Report) by 0.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 200,027 shares of the company’s stock after selling 1,014 shares during the quarter. Fidelity Small-Mid Multifactor ETF accounts for 5.7% of Sterling Manor Financial LLC’s portfolio, making the stock its 8th largest position. Sterling Manor Financial LLC owned about 2.38% of Fidelity Small-Mid Multifactor ETF worth $8,235,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Wilmington Savings Fund Society FSB acquired a new position in Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth about $29,000. FMR LLC grew its stake in shares of Fidelity Small-Mid Multifactor ETF by 126.6% in the 3rd quarter. FMR LLC now owns 1,842 shares of the company’s stock valued at $76,000 after buying an additional 1,029 shares in the last quarter. Eastern Bank acquired a new position in Fidelity Small-Mid Multifactor ETF in the third quarter worth approximately $83,000. Foundations Investment Advisors LLC bought a new position in Fidelity Small-Mid Multifactor ETF during the fourth quarter valued at approximately $207,000. Finally, J.W. Cole Advisors Inc. lifted its stake in Fidelity Small-Mid Multifactor ETF by 7.4% in the third quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock valued at $280,000 after acquiring an additional 468 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Down 0.9 %

Shares of FSMD opened at $42.53 on Monday. The firm has a market cap of $357.25 million, a price-to-earnings ratio of 14.18 and a beta of 0.98. The company’s fifty day moving average is $42.63 and its 200-day moving average is $41.48. Fidelity Small-Mid Multifactor ETF has a 12 month low of $35.53 and a 12 month high of $45.16.

Fidelity Small-Mid Multifactor ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

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