Fidelity Small-Mid Multifactor ETF $FSMD is Liberty Square Wealth Partners LLC’s 7th Largest Position
by Mitch Edgeman · The Markets DailyLiberty Square Wealth Partners LLC grew its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD – Free Report) by 127.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 259,983 shares of the company’s stock after purchasing an additional 145,799 shares during the period. Fidelity Small-Mid Multifactor ETF makes up 3.3% of Liberty Square Wealth Partners LLC’s portfolio, making the stock its 7th biggest position. Liberty Square Wealth Partners LLC owned about 0.59% of Fidelity Small-Mid Multifactor ETF worth $11,473,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of FSMD. Royal Bank of Canada lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 30.9% in the first quarter. Royal Bank of Canada now owns 18,651 shares of the company’s stock valued at $730,000 after purchasing an additional 4,399 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 104.6% in the first quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock valued at $1,643,000 after purchasing an additional 21,452 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 113.0% in the first quarter. Jane Street Group LLC now owns 165,027 shares of the company’s stock valued at $6,462,000 after purchasing an additional 87,542 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 96.2% in the second quarter. JPMorgan Chase & Co. now owns 18,613 shares of the company’s stock valued at $772,000 after purchasing an additional 9,128 shares in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity Small-Mid Multifactor ETF in the second quarter valued at $33,000.
Fidelity Small-Mid Multifactor ETF Stock Down 2.0%
FSMD opened at $49.74 on Friday. Fidelity Small-Mid Multifactor ETF has a 12-month low of $40.18 and a 12-month high of $50.83. The stock has a fifty day moving average of $48.31 and a 200-day moving average of $46.38. The firm has a market capitalization of $2.41 billion, a P/E ratio of 16.74 and a beta of 0.94.
Fidelity Small-Mid Multifactor ETF 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.
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