Sterling Manor Financial LLC Has $8.24 Million Holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Sterling Manor Financial LLC lessened its holdings in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 0.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 200,027 shares of the company’s stock after selling 1,014 shares during the period. Fidelity Small-Mid Multifactor ETF accounts for about 5.7% of Sterling Manor Financial LLC’s portfolio, making the stock its 8th largest position. Sterling Manor Financial LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $8,235,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its holdings in Fidelity Small-Mid Multifactor ETF by 126.6% during the 3rd quarter. FMR LLC now owns 1,842 shares of the company’s stock worth $76,000 after buying an additional 1,029 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 10.5% during the third quarter. JPMorgan Chase & Co. now owns 6,948 shares of the company’s stock valued at $288,000 after acquiring an additional 659 shares during the period. Retirement Planning Group LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 8.4% during the third quarter. Retirement Planning Group LLC now owns 2,294,135 shares of the company’s stock valued at $94,977,000 after acquiring an additional 177,629 shares during the period. Farther Finance Advisors LLC boosted its holdings in Fidelity Small-Mid Multifactor ETF by 32.7% in the third quarter. Farther Finance Advisors LLC now owns 15,898 shares of the company’s stock valued at $658,000 after acquiring an additional 3,914 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in Fidelity Small-Mid Multifactor ETF by 7.4% in the third quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock worth $280,000 after purchasing an additional 468 shares during the period.

Fidelity Small-Mid Multifactor ETF Trading Down 0.9 %

Fidelity Small-Mid Multifactor ETF stock opened at $42.53 on Monday. The company has a market cap of $357.25 million, a PE ratio of 14.18 and a beta of 0.98. Fidelity Small-Mid Multifactor ETF has a 1 year low of $35.53 and a 1 year high of $45.16. The company’s 50-day moving average is $42.63 and its two-hundred day moving average is $41.48.

Fidelity Small-Mid Multifactor ETF Profile

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.