Fidelity Small-Mid Multifactor ETF $FSMD Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC increased its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 436.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,802 shares of the company’s stock after buying an additional 37,258 shares during the period. AE Wealth Management LLC owned about 0.10% of Fidelity Small-Mid Multifactor ETF worth $2,021,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FSMD. Commonwealth Equity Services LLC raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 16.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,571,529 shares of the company’s stock valued at $113,173,000 after purchasing an additional 363,253 shares in the last quarter. Goldstone Financial Group LLC purchased a new position in Fidelity Small-Mid Multifactor ETF in the 3rd quarter worth about $13,953,000. GEN Financial Management INC. purchased a new position in shares of Fidelity Small-Mid Multifactor ETF in the fourth quarter worth approximately $13,180,000. Bank of America Corp DE grew its position in Fidelity Small-Mid Multifactor ETF by 30.6% during the 2nd quarter. Bank of America Corp DE now owns 1,116,813 shares of the company’s stock worth $46,314,000 after purchasing an additional 261,808 shares in the last quarter. Finally, Retirement Planning Group LLC grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 7.1% during the third quarter. Retirement Planning Group LLC now owns 3,803,734 shares of the company’s stock valued at $167,402,000 after buying an additional 252,240 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 0.8%

Fidelity Small-Mid Multifactor ETF stock opened at $48.47 on Wednesday. Fidelity Small-Mid Multifactor ETF has a 1-year low of $36.46 and a 1-year high of $49.21. The firm’s fifty day simple moving average is $46.14 and its 200-day simple moving average is $45.09. The company has a market capitalization of $2.34 billion, a P/E ratio of 16.74 and a beta of 0.94.

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.