Rockefeller Capital Management L.P. Increases Holdings in Fidelity Small-Mid Multifactor ETF $FSMD

Rockefeller Capital Management L.P. increased its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 76.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,241 shares of the company’s stock after buying an additional 15,730 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Fidelity Small-Mid Multifactor ETF were worth $1,599,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FSMD. Equitable Holdings Inc. raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 0.6% during the fourth quarter. Equitable Holdings Inc. now owns 37,490 shares of the company’s stock worth $1,654,000 after acquiring an additional 228 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 4.0% in the 4th quarter. Principal Securities Inc. now owns 6,924 shares of the company’s stock valued at $306,000 after purchasing an additional 268 shares in the last quarter. CLG LLC boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 4.3% in the 2nd quarter. CLG LLC now owns 7,204 shares of the company’s stock valued at $299,000 after purchasing an additional 298 shares in the last quarter. Spire Wealth Management grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 1.6% during the 4th quarter. Spire Wealth Management now owns 22,299 shares of the company’s stock valued at $984,000 after purchasing an additional 352 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 3.4% during the 3rd quarter. Merit Financial Group LLC now owns 12,308 shares of the company’s stock valued at $542,000 after purchasing an additional 410 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Up 0.8%

Shares of NYSEARCA:FSMD opened at $52.85 on Wednesday. The stock has a market cap of $2.56 billion, a PE ratio of 16.74 and a beta of 0.94. The company’s fifty day moving average is $50.13 and its 200 day moving average is $47.34. Fidelity Small-Mid Multifactor ETF has a 52 week low of $40.79 and a 52 week high of $53.00.

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.