Kuhn & Co Investment Counsel Acquires 2,331 Shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Kuhn & Co Investment Counsel boosted its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 37.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,616 shares of the company’s stock after buying an additional 2,331 shares during the period. Kuhn & Co Investment Counsel’s holdings in Fidelity Small-Mid Multifactor ETF were worth $355,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at approximately $29,000. Principal Securities Inc. increased its position in Fidelity Small-Mid Multifactor ETF by 88.7% during the 4th quarter. Principal Securities Inc. now owns 1,810 shares of the company’s stock valued at $75,000 after purchasing an additional 851 shares during the period. FMR LLC increased its position in Fidelity Small-Mid Multifactor ETF by 126.6% during the 3rd quarter. FMR LLC now owns 1,842 shares of the company’s stock valued at $76,000 after purchasing an additional 1,029 shares during the period. Eastern Bank acquired a new stake in Fidelity Small-Mid Multifactor ETF during the 3rd quarter valued at approximately $83,000. Finally, Foundations Investment Advisors LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF during the 4th quarter valued at approximately $207,000.

Fidelity Small-Mid Multifactor ETF Stock Performance

NYSEARCA:FSMD opened at $42.36 on Friday. The company has a market capitalization of $355.82 million, a PE ratio of 14.18 and a beta of 0.98. The company has a 50 day simple moving average of $42.21 and a two-hundred day simple moving average of $41.64. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $35.99 and a fifty-two week high of $45.16.

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.