Sigma Planning Corp Invests $877,000 in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG)

Sigma Planning Corp purchased a new stake in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 25,934 shares of the company’s stock, valued at approximately $877,000.

Several other institutional investors have also made changes to their positions in the stock. Centennial Wealth Advisory LLC increased its stake in Fidelity U.S. Multifactor ETF by 0.6% during the 4th quarter. Centennial Wealth Advisory LLC now owns 69,595 shares of the company’s stock worth $2,353,000 after acquiring an additional 427 shares during the period. Principal Securities Inc. grew its holdings in shares of Fidelity U.S. Multifactor ETF by 83.5% during the 4th quarter. Principal Securities Inc. now owns 1,874 shares of the company’s stock worth $63,000 after purchasing an additional 853 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Fidelity U.S. Multifactor ETF during the 3rd quarter worth $46,000. West Branch Capital LLC bought a new position in shares of Fidelity U.S. Multifactor ETF in the fourth quarter worth $93,000. Finally, FMR LLC raised its stake in Fidelity U.S. Multifactor ETF by 283.2% in the third quarter. FMR LLC now owns 4,595 shares of the company’s stock valued at $156,000 after purchasing an additional 3,396 shares in the last quarter.

Fidelity U.S. Multifactor ETF Stock Down 0.1 %

FLRG opened at $34.73 on Wednesday. Fidelity U.S. Multifactor ETF has a twelve month low of $28.68 and a twelve month high of $35.85. The stock has a market capitalization of $121.56 million, a price-to-earnings ratio of 17.98 and a beta of 0.88. The company has a 50-day simple moving average of $34.83 and a 200 day simple moving average of $34.31.

About Fidelity U.S. Multifactor ETF

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.