Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers increased its holdings in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 1.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,282 shares of the company’s stock after buying an additional 632 shares during the period. Cetera Investment Advisers owned about 1.47% of Fidelity U.S. Multifactor ETF worth $1,619,000 as of its most recent SEC filing.

Separately, Commonwealth Equity Services LLC raised its stake in Fidelity U.S. Multifactor ETF by 228.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 858,425 shares of the company’s stock valued at $26,206,000 after purchasing an additional 597,425 shares during the last quarter.

Fidelity U.S. Multifactor ETF Stock Performance

Shares of FLRG opened at $34.70 on Tuesday. The stock has a fifty day moving average of $33.05 and a two-hundred day moving average of $31.63. Fidelity U.S. Multifactor ETF has a fifty-two week low of $24.60 and a fifty-two week high of $34.75. The company has a market capitalization of $121.45 million, a PE ratio of 17.98 and a beta of 0.88.

About Fidelity U.S. Multifactor ETF

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.