Kestra Private Wealth Services LLC Has $1.20 Million Stock Position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Kestra Private Wealth Services LLC boosted its stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 101.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,185 shares of the company’s stock after purchasing an additional 14,726 shares during the quarter. Kestra Private Wealth Services LLC owned 0.35% of Fidelity Small-Mid Multifactor ETF worth $1,202,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its position in shares of Fidelity Small-Mid Multifactor ETF by 25.2% during the third quarter. Commonwealth Equity Services LLC now owns 1,476,600 shares of the company’s stock valued at $61,131,000 after buying an additional 297,662 shares during the last quarter. Parcion Private Wealth LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth approximately $19,419,000. Systelligence LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth approximately $11,754,000. Stratos Investment Management LLC grew its holdings 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 in the last quarter. Finally, Sterling Manor Financial LLC increased its position in shares of Fidelity Small-Mid Multifactor ETF by 6.9% during the third quarter. Sterling Manor Financial LLC now owns 201,041 shares of the company’s stock valued at $8,323,000 after purchasing an additional 13,059 shares during the period.

Fidelity Small-Mid Multifactor ETF Price Performance

Shares of FSMD stock opened at $41.94 on Thursday. The stock has a market cap of $352.30 million, a P/E ratio of 14.18 and a beta of 0.98. The stock 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 one year low of $35.88 and a one year high of $45.16.

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.