Foundations Investment Advisors LLC Invests $207,000 in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD)

Foundations Investment Advisors LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the fourth quarter, HoldingsChannel reports. The fund acquired 5,032 shares of the company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB bought a new position in shares of Fidelity Small-Mid Multifactor ETF during the third quarter valued at approximately $29,000. FMR LLC grew its stake 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 during the last quarter. Eastern Bank acquired a new stake in Fidelity Small-Mid Multifactor ETF in the third quarter worth $83,000. J.W. Cole Advisors Inc. lifted its stake 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 valued at $280,000 after buying an additional 468 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position 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 worth $288,000 after acquiring an additional 659 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Down 0.9 %

Shares of NYSEARCA:FSMD opened at $42.53 on Friday. The company’s 50-day moving average price is $42.63 and its 200 day moving average price is $41.47. 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 fifty-two week low of $35.53 and a fifty-two week high of $45.16.

Fidelity Small-Mid Multifactor ETF Company 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.