Dentgroup LLC acquired a new stake in shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,159 shares of the company’s stock, valued at approximately $221,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in FLRG. Wealth Enhancement Advisory Services LLC purchased a new position in Fidelity U.S. Multifactor ETF during the fourth quarter valued at $7,602,000. AE Wealth Management LLC lifted its holdings in Fidelity U.S. Multifactor ETF by 15.0% during the first quarter. AE Wealth Management LLC now owns 1,319,340 shares of the company’s stock valued at $43,752,000 after purchasing an additional 172,354 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Fidelity U.S. Multifactor ETF by 272.6% during the first quarter. Goldman Sachs Group Inc. now owns 48,565 shares of the company’s stock valued at $1,611,000 after purchasing an additional 35,532 shares in the last quarter. Citadel Advisors LLC purchased a new position in Fidelity U.S. Multifactor ETF during the fourth quarter valued at $1,120,000. Finally, World Investment Advisors lifted its holdings in Fidelity U.S. Multifactor ETF by 53.8% during the first quarter. World Investment Advisors now owns 31,525 shares of the company’s stock valued at $1,045,000 after purchasing an additional 11,025 shares in the last quarter.
Fidelity U.S. Multifactor ETF Stock Down 0.2%
FLRG opened at $38.13 on Friday. The firm’s fifty day simple moving average is $36.72 and its two-hundred day simple moving average is $34.74. The company has a market cap of $255.47 million, a price-to-earnings ratio of 20.13 and a beta of 0.87. Fidelity U.S. Multifactor ETF has a 52-week low of $28.97 and a 52-week high of $38.26.
Fidelity U.S. Multifactor ETF Company Profile
The Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors – value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is managed by Fidelity.
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