Williams & Novak LLC Purchases Shares of 6,231 Fidelity U.S. Multifactor ETF $FLRG

Williams & Novak LLC purchased a new stake in shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) during the second quarter, Holdings Channel.com reports. The firm purchased 6,231 shares of the company’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Capital Management LLC grew its position in Fidelity U.S. Multifactor ETF by 185.5% during the second quarter. Beacon Capital Management LLC now owns 1,205 shares of the company’s stock valued at $43,000 after acquiring an additional 783 shares during the last quarter. Sowell Financial Services LLC purchased a new position in Fidelity U.S. Multifactor ETF in the 1st quarter worth approximately $208,000. Dentgroup LLC purchased a new position in Fidelity U.S. Multifactor ETF in the 2nd quarter worth approximately $221,000. Sovran Advisors LLC increased its stake in Fidelity U.S. Multifactor ETF by 11.8% in the 2nd quarter. Sovran Advisors LLC now owns 21,852 shares of the company’s stock worth $783,000 after purchasing an additional 2,314 shares during the period. Finally, World Investment Advisors increased its stake in Fidelity U.S. Multifactor ETF by 53.8% in the 1st quarter. World Investment Advisors now owns 31,525 shares of the company’s stock worth $1,045,000 after purchasing an additional 11,025 shares during the period.

Fidelity U.S. Multifactor ETF Price Performance

Shares of Fidelity U.S. Multifactor ETF stock opened at $37.41 on Friday. The business’s 50 day simple moving average is $37.60 and its two-hundred day simple moving average is $35.40. The stock has a market capitalization of $269.35 million, a P/E ratio of 20.13 and a beta of 0.87. Fidelity U.S. Multifactor ETF has a one year low of $28.97 and a one year high of $38.74.

Fidelity U.S. Multifactor ETF Company Profile

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.