Wealthcare Advisory Partners LLC Buys Shares of 37,068 Fidelity Small-Mid Multifactor ETF $FSMD

Wealthcare Advisory Partners LLC acquired a new stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 37,068 shares of the company’s stock, valued at approximately $1,537,000. Wealthcare Advisory Partners LLC owned about 0.10% of Fidelity Small-Mid Multifactor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Nova Wealth Management Inc. lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 19.9% during the 2nd quarter. Nova Wealth Management Inc. now owns 3,704 shares of the company’s stock valued at $154,000 after purchasing an additional 616 shares during the last quarter. Cedar Point Capital Partners LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 4.5% during the 1st quarter. Cedar Point Capital Partners LLC now owns 19,152 shares of the company’s stock valued at $750,000 after purchasing an additional 830 shares during the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 16.1% during the 1st quarter. Silver Oak Securities Incorporated now owns 8,515 shares of the company’s stock valued at $330,000 after purchasing an additional 1,179 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 12.1% during the 1st quarter. Stratos Wealth Partners LTD. now owns 11,147 shares of the company’s stock valued at $437,000 after purchasing an additional 1,205 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 15.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 8,947 shares of the company’s stock valued at $380,000 after purchasing an additional 1,221 shares during the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 1.0%

Shares of FSMD opened at $43.63 on Wednesday. Fidelity Small-Mid Multifactor ETF has a 12 month low of $33.95 and a 12 month high of $45.16. The stock has a fifty day moving average price of $43.42 and a 200-day moving average price of $41.16. The firm has a market cap of $1.74 billion, a PE ratio of 16.74 and a beta of 1.04.

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.