Osaic Holdings Inc. Grows Position in Fidelity Small-Mid Multifactor ETF $FSMD

Osaic Holdings Inc. boosted its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 26.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 236,855 shares of the company’s stock after purchasing an additional 49,661 shares during the period. Osaic Holdings Inc. owned about 0.62% of Fidelity Small-Mid Multifactor ETF worth $9,826,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in shares of Fidelity Small-Mid Multifactor ETF by 2.5% during the first quarter. Raymond James Financial Inc. now owns 367,918 shares of the company’s stock valued at $14,408,000 after buying an additional 8,908 shares during the period. Kestra Advisory Services LLC grew its position in Fidelity Small-Mid Multifactor ETF by 30.4% in the 1st quarter. Kestra Advisory Services LLC now owns 308,299 shares of the company’s stock valued at $12,073,000 after acquiring an additional 71,904 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Fidelity Small-Mid Multifactor ETF by 40.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 325,129 shares of the company’s stock valued at $12,732,000 after acquiring an additional 94,022 shares during the last quarter. Cedar Point Capital Partners LLC increased its stake in Fidelity Small-Mid Multifactor ETF by 4.5% in the first quarter. Cedar Point Capital Partners LLC now owns 19,152 shares of the company’s stock worth $750,000 after purchasing an additional 830 shares during the period. Finally, Per Stirling Capital Management LLC. bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the first quarter worth $1,882,000.

Fidelity Small-Mid Multifactor ETF Trading Up 0.1%

Shares of FSMD opened at $44.80 on Friday. The firm has a market capitalization of $1.85 billion, a P/E ratio of 16.74 and a beta of 0.98. The firm has a fifty day moving average price of $43.72 and a 200-day moving average price of $43.00. Fidelity Small-Mid Multifactor ETF has a 12-month low of $33.95 and a 12-month high of $45.55.

Fidelity Small-Mid Multifactor ETF 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.