Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 10.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,948 shares of the company’s stock after acquiring an additional 659 shares during the quarter. JPMorgan Chase & Co. owned about 0.08% of Fidelity Small-Mid Multifactor ETF worth $288,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of FSMD. FMR LLC boosted its position in Fidelity Small-Mid Multifactor ETF by 126.6% during the 3rd quarter. FMR LLC now owns 1,842 shares of the company’s stock worth $76,000 after acquiring an additional 1,029 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 32.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,898 shares of the company’s stock worth $658,000 after acquiring an additional 3,914 shares during the period. Retirement Planning Group LLC boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 8.4% in the third quarter. Retirement Planning Group LLC now owns 2,294,135 shares of the company’s stock valued at $94,977,000 after acquiring an additional 177,629 shares in the last quarter. J.W. Cole Advisors Inc. increased its stake in shares of Fidelity Small-Mid Multifactor ETF by 7.4% during the third quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock valued at $280,000 after acquiring an additional 468 shares during the period. Finally, Stratos Wealth Advisors LLC increased its stake in shares of Fidelity Small-Mid Multifactor ETF by 14.6% during the third quarter. Stratos Wealth Advisors LLC now owns 22,722 shares of the company’s stock valued at $941,000 after acquiring an additional 2,888 shares during the period.

Fidelity Small-Mid Multifactor ETF Stock Performance

Shares of NYSEARCA FSMD opened at $42.92 on Friday. Fidelity Small-Mid Multifactor ETF has a 1 year low of $35.53 and a 1 year high of $45.16. The firm has a market cap of $360.53 million, a P/E ratio of 14.18 and a beta of 0.98. The stock has a fifty day moving average price of $42.66 and a two-hundred day moving average price of $41.44.

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.