Principal Securities Inc. Purchases 851 Shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Principal Securities Inc. grew its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 88.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,810 shares of the company’s stock after acquiring an additional 851 shares during the period. Principal Securities Inc.’s holdings in Fidelity Small-Mid Multifactor ETF were worth $75,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. J.W. Cole Advisors Inc. grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 7.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock valued at $280,000 after buying an additional 468 shares during the period. Farther Finance Advisors LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 32.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 15,898 shares of the company’s stock worth $658,000 after buying an additional 3,914 shares in the last quarter. Cedar Point Capital Partners LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 6.1% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 16,793 shares of the company’s stock worth $695,000 after buying an additional 971 shares in the last quarter. Systelligence LLC bought a new stake in Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth about $11,754,000. Finally, FMR LLC increased its stake in shares of 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 purchasing an additional 1,029 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Price Performance

Fidelity Small-Mid Multifactor ETF stock opened at $41.01 on Thursday. The firm has a market capitalization of $344.48 million, a PE ratio of 14.18 and a beta of 0.98. The company’s 50-day moving average is $41.98 and its 200-day moving average is $41.80. Fidelity Small-Mid Multifactor ETF has a fifty-two week low of $35.99 and a fifty-two week high of $45.16.

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.