Liberty Square Wealth Partners LLC Takes Position in Fidelity Small-Mid Multifactor ETF $FSMD

Liberty Square Wealth Partners LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 114,184 shares of the company’s stock, valued at approximately $5,025,000. Fidelity Small-Mid Multifactor ETF comprises approximately 1.6% of Liberty Square Wealth Partners LLC’s investment portfolio, making the stock its 12th largest position. Liberty Square Wealth Partners LLC owned about 0.28% of Fidelity Small-Mid Multifactor ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in Fidelity Small-Mid Multifactor ETF in the third quarter valued at $27,000. Allworth Financial LP increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 80.7% in the 2nd quarter. Allworth Financial LP now owns 683 shares of the company’s stock valued at $28,000 after acquiring an additional 305 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF during the 2nd quarter worth about $33,000. IFP Advisors Inc lifted its stake in Fidelity Small-Mid Multifactor ETF by 116.7% during the second quarter. IFP Advisors Inc now owns 1,144 shares of the company’s stock worth $47,000 after purchasing an additional 616 shares during the last quarter. Finally, Ameritas Advisory Services LLC boosted its holdings in Fidelity Small-Mid Multifactor ETF by 329.8% in the third quarter. Ameritas Advisory Services LLC now owns 2,020 shares of the company’s stock valued at $89,000 after purchasing an additional 1,550 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Up 1.1%

Shares of Fidelity Small-Mid Multifactor ETF stock opened at $47.13 on Friday. Fidelity Small-Mid Multifactor ETF has a 52 week low of $33.95 and a 52 week high of $47.79. The firm’s 50 day moving average is $45.60 and its two-hundred day moving average is $44.18. The firm has a market capitalization of $2.09 billion, a P/E 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.