Kestra Advisory Services LLC Has $24.97 Million Position in Fidelity Small-Mid Multifactor ETF $FSMD

Kestra Advisory Services LLC increased its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 14.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 558,311 shares of the company’s stock after buying an additional 70,166 shares during the quarter. Kestra Advisory Services LLC owned 1.16% of Fidelity Small-Mid Multifactor ETF worth $24,968,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp lifted its position in shares of Fidelity Small-Mid Multifactor ETF by 73.1% in the 1st quarter. Money Concepts Capital Corp now owns 31,926 shares of the company’s stock worth $1,428,000 after acquiring an additional 13,480 shares during the period. WBH Advisory Inc. acquired a new position in shares of Fidelity Small-Mid Multifactor ETF in the first quarter valued at $300,000. Private Advisor Group LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 6.8% in the first quarter. Private Advisor Group LLC now owns 15,717 shares of the company’s stock worth $703,000 after purchasing an additional 1,004 shares during the period. Trademark Financial Management LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 47.0% in the first quarter. Trademark Financial Management LLC now owns 63,303 shares of the company’s stock worth $2,831,000 after purchasing an additional 20,248 shares during the period. Finally, Prasad Wealth Partners LLC boosted its stake in Fidelity Small-Mid Multifactor ETF by 3.7% during the first quarter. Prasad Wealth Partners LLC now owns 197,268 shares of the company’s stock worth $8,822,000 after buying an additional 7,094 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Up 0.1%

Fidelity Small-Mid Multifactor ETF stock traded up $0.03 on Friday, hitting $51.59. The company’s stock had a trading volume of 116,907 shares, compared to its average volume of 139,505. The company has a fifty day moving average price of $50.61 and a 200-day moving average price of $47.70. Fidelity Small-Mid Multifactor ETF has a one year low of $40.79 and a one year high of $53.00. The firm has a market cap of $2.53 billion, a P/E ratio of 16.74 and a beta of 0.93.

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.