BG Investment Services Inc. Purchases New Shares in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

BG Investment Services Inc. acquired a new position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,354 shares of the company’s stock, valued at approximately $673,000. Fidelity Small-Mid Multifactor ETF makes up approximately 0.7% of BG Investment Services Inc.’s holdings, making the stock its 22nd largest position. BG Investment Services Inc. owned approximately 0.19% of Fidelity Small-Mid Multifactor ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter valued at about $29,000. Kestra Investment Management LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF during the fourth quarter valued at approximately $53,000. Noble Wealth Management PBC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 4th quarter valued at approximately $54,000. Principal Securities Inc. boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 88.7% in the 4th quarter. Principal Securities Inc. now owns 1,810 shares of the company’s stock worth $75,000 after purchasing an additional 851 shares during the period. Finally, FMR LLC increased its position in shares of 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 last quarter.

Fidelity Small-Mid Multifactor ETF Stock Performance

NYSEARCA:FSMD opened at $39.82 on Wednesday. The firm has a market capitalization of $1.02 billion, a PE ratio of 16.87 and a beta of 1.08. The stock’s fifty day moving average is $41.24 and its 200 day moving average is $41.75. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $35.99 and a fifty-two week 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.