Cetera Investment Advisers Has $26 Million Holdings in Fidelity Small-Mid Multifactor ETF $FSMD

Cetera Investment Advisers decreased its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 581,286 shares of the company’s stock after selling 22,884 shares during the period. Cetera Investment Advisers owned approximately 1.20% of Fidelity Small-Mid Multifactor ETF worth $25,995,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. grew its holdings in Fidelity Small-Mid Multifactor ETF by 383.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,057 shares of the company’s stock worth $718,000 after acquiring an additional 12,739 shares during the period. Liberty Square Wealth Partners LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 22.2% in the 1st quarter. Liberty Square Wealth Partners LLC now owns 317,635 shares of the company’s stock valued at $14,205,000 after purchasing an additional 57,652 shares during the period. Independent Financial Group LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 1st quarter valued at about $1,303,000. Sanctuary Advisors LLC boosted its position in shares of Fidelity Small-Mid Multifactor ETF by 94.5% during the 1st quarter. Sanctuary Advisors LLC now owns 841,578 shares of the company’s stock valued at $37,635,000 after purchasing an additional 408,953 shares in the last quarter. Finally, Calamos Wealth Management LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF during the first quarter worth approximately $204,000.

Fidelity Small-Mid Multifactor ETF Price Performance

NYSEARCA FSMD opened at $50.92 on Monday. The stock has a market capitalization of $2.52 billion, a P/E ratio of 16.74 and a beta of 0.93. The business has a 50 day simple moving average of $50.92 and a 200 day simple moving average of $48.16. Fidelity Small-Mid Multifactor ETF has a one year low of $40.79 and a one year high of $53.00.

Fidelity Small-Mid Multifactor ETF Company 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.