44,336 Shares in Fidelity Small-Mid Multifactor ETF $FSMD Bought by Schuylkill Financial LLC

Schuylkill Financial LLC purchased a new position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 44,336 shares of the company’s stock, valued at approximately $2,343,000. Fidelity Small-Mid Multifactor ETF accounts for approximately 2.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 13th biggest position. Schuylkill Financial LLC owned about 0.09% of Fidelity Small-Mid Multifactor ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Money Concepts Capital Corp acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 4th quarter valued at about $814,000. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity Small-Mid Multifactor ETF by 5.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 342,968 shares of the company’s stock worth $15,135,000 after buying an additional 17,264 shares during the period. PNC Financial Services Group Inc. raised its stake in Fidelity Small-Mid Multifactor ETF by 383.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 16,057 shares of the company’s stock worth $718,000 after buying an additional 12,739 shares during the period. Sanctuary Advisors LLC boosted its holdings in Fidelity Small-Mid Multifactor ETF by 94.5% in the first quarter. Sanctuary Advisors LLC now owns 841,578 shares of the company’s stock worth $37,635,000 after acquiring an additional 408,953 shares in the last quarter. Finally, Liberty Square Wealth Partners LLC boosted its holdings in Fidelity Small-Mid Multifactor ETF by 127.7% in the fourth quarter. Liberty Square Wealth Partners LLC now owns 259,983 shares of the company’s stock worth $11,473,000 after acquiring an additional 145,799 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Performance

Shares of Fidelity Small-Mid Multifactor ETF stock opened at $51.48 on Friday. The stock has a market capitalization of $2.54 billion, a PE ratio of 16.74 and a beta of 0.93. Fidelity Small-Mid Multifactor ETF has a 52 week low of $41.86 and a 52 week high of $53.48. The stock has a 50 day moving average price of $51.60 and a two-hundred day moving average price of $49.30.

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.