Fidelity U.S. Multifactor ETF $FLRG Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC increased its stake in shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 16.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,789,530 shares of the company’s stock after acquiring an additional 258,031 shares during the period. AE Wealth Management LLC owned approximately 24.85% of Fidelity U.S. Multifactor ETF worth $68,807,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Advisory Services Network LLC increased its position in shares of Fidelity U.S. Multifactor ETF by 20.0% during the second quarter. Advisory Services Network LLC now owns 233,929 shares of the company’s stock worth $8,482,000 after acquiring an additional 39,036 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Fidelity U.S. Multifactor ETF by 272.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 48,565 shares of the company’s stock valued at $1,611,000 after purchasing an additional 35,532 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Fidelity U.S. Multifactor ETF by 319.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 20,672 shares of the company’s stock worth $743,000 after purchasing an additional 15,738 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Fidelity U.S. Multifactor ETF by 37.0% in the 2nd quarter. Osaic Holdings Inc. now owns 44,325 shares of the company’s stock valued at $1,593,000 after purchasing an additional 11,978 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Fidelity U.S. Multifactor ETF in the 2nd quarter valued at approximately $307,000.

Fidelity U.S. Multifactor ETF Trading Up 0.2%

Shares of NYSEARCA:FLRG opened at $38.94 on Thursday. The company has a fifty day simple moving average of $38.23 and a 200 day simple moving average of $37.71. The firm has a market cap of $280.37 million, a PE ratio of 20.13 and a beta of 0.87. Fidelity U.S. Multifactor ETF has a 12-month low of $28.97 and a 12-month high of $38.97.

Fidelity U.S. Multifactor ETF Company Profile

The Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors – value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is managed by Fidelity.