Trademark Financial Management LLC Boosts Stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Trademark Financial Management LLC lifted its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 76.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,599 shares of the company’s stock after buying an additional 23,214 shares during the period. Fidelity Small-Mid Multifactor ETF makes up 1.8% of Trademark Financial Management LLC’s holdings, making the stock its 18th biggest position. Trademark Financial Management LLC owned 0.64% of Fidelity Small-Mid Multifactor ETF worth $2,207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. J.W. Cole Advisors Inc. increased its position in Fidelity Small-Mid Multifactor ETF by 7.4% during the third quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock worth $280,000 after purchasing an additional 468 shares during the last quarter. JPMorgan Chase & Co. increased its position in Fidelity Small-Mid Multifactor ETF by 10.5% during the third quarter. JPMorgan Chase & Co. now owns 6,948 shares of the company’s stock worth $288,000 after purchasing an additional 659 shares during the last quarter. Silver Oak Securities Incorporated increased its position in Fidelity Small-Mid Multifactor ETF by 10.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 7,336 shares of the company’s stock worth $302,000 after purchasing an additional 667 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Fidelity Small-Mid Multifactor ETF during the third quarter worth about $29,000. Finally, Cedar Point Capital Partners LLC increased its position in Fidelity Small-Mid Multifactor ETF by 6.1% during the third quarter. Cedar Point Capital Partners LLC now owns 16,793 shares of the company’s stock worth $695,000 after purchasing an additional 971 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 0.2 %

Fidelity Small-Mid Multifactor ETF stock opened at $42.36 on Friday. Fidelity Small-Mid Multifactor ETF has a 12-month low of $35.99 and a 12-month high of $45.16. The stock has a market cap of $355.82 million, a P/E ratio of 14.18 and a beta of 0.98. The company has a 50-day moving average price of $42.21 and a 200 day moving average price of $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.