GEN Financial Management INC. Takes $13.18 Million Position in Fidelity Small-Mid Multifactor ETF $FSMD

GEN Financial Management INC. acquired a new position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 298,664 shares of the company’s stock, valued at approximately $13,180,000. Fidelity Small-Mid Multifactor ETF comprises approximately 8.3% of GEN Financial Management INC.’s holdings, making the stock its 5th biggest position. GEN Financial Management INC. owned about 0.68% of Fidelity Small-Mid Multifactor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Spire Wealth Management raised its holdings in Fidelity Small-Mid Multifactor ETF by 1.6% in the 4th quarter. Spire Wealth Management now owns 22,299 shares of the company’s stock worth $984,000 after acquiring an additional 352 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in Fidelity Small-Mid Multifactor ETF by 2.6% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 38,444 shares of the company’s stock valued at $1,697,000 after acquiring an additional 958 shares during the period. CoreCap Advisors LLC grew its position in shares of Fidelity Small-Mid Multifactor ETF by 4.6% in the fourth quarter. CoreCap Advisors LLC now owns 11,043 shares of the company’s stock valued at $487,000 after purchasing an additional 488 shares during the last quarter. Focus Financial Network Inc. grew its position in shares of Fidelity Small-Mid Multifactor ETF by 36.7% in the fourth quarter. Focus Financial Network Inc. now owns 15,364 shares of the company’s stock valued at $678,000 after purchasing an additional 4,125 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the fourth quarter worth about $242,000.

Fidelity Small-Mid Multifactor ETF Stock Performance

NYSEARCA FSMD opened at $43.40 on Tuesday. Fidelity Small-Mid Multifactor ETF has a twelve month low of $33.95 and a twelve month high of $47.79. The stock has a market capitalization of $1.92 billion, a PE ratio of 16.74 and a beta of 0.98. The stock has a 50-day simple moving average of $45.95 and a 200 day simple moving average of $44.76.

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.