Fidelity Small-Mid Multifactor ETF $FSMD is Liberty Square Wealth Partners LLC’s 7th Largest Position

Liberty Square Wealth Partners LLC increased its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 127.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 259,983 shares of the company’s stock after buying an additional 145,799 shares during the quarter. Fidelity Small-Mid Multifactor ETF comprises about 3.3% of Liberty Square Wealth Partners LLC’s holdings, making the stock its 7th biggest position. Liberty Square Wealth Partners LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $11,473,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. GEN Financial Management INC. bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the fourth quarter worth $13,180,000. Smartleaf Asset Management LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF during the third quarter worth $3,179,000. Farther Finance Advisors LLC grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 7.8% during the fourth quarter. Farther Finance Advisors LLC now owns 194,891 shares of the company’s stock worth $8,601,000 after purchasing an additional 14,173 shares during the last quarter. Emerald Advisors LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 323.7% during the fourth quarter. Emerald Advisors LLC now owns 30,720 shares of the company’s stock valued at $1,356,000 after acquiring an additional 23,470 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 342,968 shares of the company’s stock valued at $15,135,000 after acquiring an additional 17,264 shares during the period.

Fidelity Small-Mid Multifactor ETF Stock Down 2.0%

Shares of FSMD opened at $49.74 on Friday. Fidelity Small-Mid Multifactor ETF has a 12-month low of $40.18 and a 12-month high of $50.83. The firm has a market capitalization of $2.41 billion, a PE ratio of 16.74 and a beta of 0.94. The stock’s fifty day simple moving average is $48.31 and its 200-day simple moving average is $46.38.

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.