Prairie Wealth Advisors Inc. Takes $216,000 Position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Prairie Wealth Advisors Inc. purchased a new stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 5,255 shares of the company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FSMD. Retirement Planning Group LLC boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 8.4% in the 3rd quarter. Retirement Planning Group LLC now owns 2,294,135 shares of the company’s stock valued at $94,977,000 after purchasing an additional 177,629 shares during the last quarter. Stratos Wealth Advisors LLC boosted its stake in Fidelity Small-Mid Multifactor ETF by 14.6% in the third quarter. Stratos Wealth Advisors LLC now owns 22,722 shares of the company’s stock valued at $941,000 after acquiring an additional 2,888 shares during the last quarter. Stratos Investment Management LLC grew its holdings in Fidelity Small-Mid Multifactor ETF by 5.6% during the 3rd quarter. Stratos Investment Management LLC now owns 174,411 shares of the company’s stock worth $7,221,000 after acquiring an additional 9,212 shares during the period. Commonwealth Equity Services LLC raised its position in shares of Fidelity Small-Mid Multifactor ETF by 25.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,476,600 shares of the company’s stock valued at $61,131,000 after acquiring an additional 297,662 shares during the last quarter. Finally, Eastern Bank acquired a new position in shares of Fidelity Small-Mid Multifactor ETF in the 3rd quarter valued at $83,000.

Fidelity Small-Mid Multifactor ETF Stock Down 0.1 %

NYSEARCA:FSMD opened at $42.82 on Friday. Fidelity Small-Mid Multifactor ETF has a 12-month low of $35.75 and a 12-month high of $45.16. The stock’s fifty day simple moving average is $42.50 and its 200-day simple moving average is $41.53. The firm has a market capitalization of $359.69 million, a P/E ratio of 14.18 and a beta of 0.98.

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.