Roxbury Financial LLC Takes $895,000 Position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Roxbury Financial LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,041 shares of the company’s stock, valued at approximately $895,000. Roxbury Financial LLC owned approximately 0.24% of Fidelity Small-Mid Multifactor ETF at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FSMD. Stratos Wealth Advisors LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 14.6% in the third quarter. Stratos Wealth Advisors LLC now owns 22,722 shares of the company’s stock valued at $941,000 after purchasing an additional 2,888 shares in the last quarter. Stratos Investment Management LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 5.6% in the third quarter. Stratos Investment Management LLC now owns 174,411 shares of the company’s stock valued at $7,221,000 after purchasing an additional 9,212 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 25.2% in the third quarter. Commonwealth Equity Services LLC now owns 1,476,600 shares of the company’s stock valued at $61,131,000 after purchasing an additional 297,662 shares in the last quarter. Eastern Bank bought a new stake in Fidelity Small-Mid Multifactor ETF during the third quarter worth about $83,000. Finally, Parcion Private Wealth LLC bought a new stake in Fidelity Small-Mid Multifactor ETF during the third quarter worth about $19,419,000.

Fidelity Small-Mid Multifactor ETF Stock Performance

FSMD 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 has a market capitalization of $355.82 million, a PE ratio of 14.18 and a beta of 0.98. The business’s 50-day simple moving average is $42.21 and its 200 day simple moving average is $41.63.

Fidelity Small-Mid Multifactor ETF Company 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.