Hicks Capital Management LLC Invests $1.12 Million in Fidelity Small-Mid Multifactor ETF $FSMD

Hicks Capital Management LLC purchased a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,338 shares of the company’s stock, valued at approximately $1,115,000. Fidelity Small-Mid Multifactor ETF comprises 1.8% of Hicks Capital Management LLC’s holdings, making the stock its 15th biggest holding. Hicks Capital Management LLC owned approximately 0.06% of Fidelity Small-Mid Multifactor ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its position in Fidelity Small-Mid Multifactor ETF by 30.9% during the first quarter. Royal Bank of Canada now owns 18,651 shares of the company’s stock worth $730,000 after purchasing an additional 4,399 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 104.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock worth $1,643,000 after buying an additional 21,452 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 113.0% during the 1st quarter. Jane Street Group LLC now owns 165,027 shares of the company’s stock worth $6,462,000 after buying an additional 87,542 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 15.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,947 shares of the company’s stock worth $380,000 after buying an additional 1,221 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new position in Fidelity Small-Mid Multifactor ETF in the 2nd quarter valued at about $1,537,000.

Fidelity Small-Mid Multifactor ETF Stock Up 0.3%

Shares of NYSEARCA:FSMD opened at $45.96 on Friday. Fidelity Small-Mid Multifactor ETF has a 12-month low of $33.95 and a 12-month high of $46.92. The business has a 50 day moving average of $45.02 and a 200-day moving average of $43.83. The stock has a market cap of $2.03 billion, a PE ratio of 16.74 and a beta of 0.98.

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.