Concurrent Investment Advisors LLC Buys New Shares in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Concurrent Investment Advisors LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,816 shares of the company’s stock, valued at approximately $445,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. J.W. Cole Advisors Inc. raised its holdings 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 valued at $280,000 after acquiring an additional 468 shares during the period. JPMorgan Chase & Co. raised its holdings 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 valued at $288,000 after acquiring an additional 659 shares during the period. Silver Oak Securities Incorporated raised its holdings 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 valued at $302,000 after acquiring an additional 667 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Fidelity Small-Mid Multifactor ETF during the third quarter valued at about $29,000. Finally, Principal Securities Inc. raised its holdings in Fidelity Small-Mid Multifactor ETF by 88.7% during the fourth quarter. Principal Securities Inc. now owns 1,810 shares of the company’s stock valued at $75,000 after acquiring an additional 851 shares during the period.

Fidelity Small-Mid Multifactor ETF Stock Down 0.1 %

NYSEARCA:FSMD opened at $40.98 on Tuesday. The business’s 50-day simple moving average is $42.01 and its two-hundred day simple moving average is $41.78. The stock has a market cap of $344.23 million, a PE ratio of 14.18 and a beta of 0.98. Fidelity Small-Mid Multifactor ETF has a 52 week low of $35.99 and a 52 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.