Wilmington Savings Fund Society FSB Makes New $29,000 Investment in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Wilmington Savings Fund Society FSB acquired a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 689 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FSMD. FMR LLC boosted its position in shares of Fidelity Small-Mid Multifactor ETF by 126.6% in the third 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 last quarter. Systelligence LLC purchased a new position in Fidelity Small-Mid Multifactor ETF during the third quarter worth approximately $11,754,000. Cedar Point Capital Partners LLC boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 6.1% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 16,793 shares of the company’s stock valued at $695,000 after purchasing an additional 971 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of 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 valued at $658,000 after buying an additional 3,914 shares during the period. Finally, Sterling Manor Financial LLC increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 6.9% during the 3rd quarter. Sterling Manor Financial LLC now owns 201,041 shares of the company’s stock worth $8,323,000 after buying an additional 13,059 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 0.2 %

Shares of FSMD opened at $41.34 on Tuesday. Fidelity Small-Mid Multifactor ETF has a twelve month low of $35.00 and a twelve month high of $45.16. The firm has a market capitalization of $347.26 million, a P/E ratio of 14.18 and a beta of 0.98. The stock’s fifty day simple moving average is $42.89 and its 200 day simple moving average is $40.64.

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.