Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) Stock Position Raised by Kuhn & Co Investment Counsel

Kuhn & Co Investment Counsel lifted its position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 37.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,616 shares of the company’s stock after acquiring an additional 2,331 shares during the quarter. Kuhn & Co Investment Counsel owned approximately 0.10% of Fidelity Small-Mid Multifactor ETF worth $355,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Fidelity Small-Mid Multifactor ETF by 10.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,948 shares of the company’s stock worth $288,000 after buying an additional 659 shares in the last quarter. FMR LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 126.6% in 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 in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in Fidelity Small-Mid Multifactor ETF in the 4th quarter worth approximately $409,000. Farther Finance Advisors LLC lifted its position in Fidelity Small-Mid Multifactor ETF by 32.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,898 shares of the company’s stock worth $658,000 after buying an additional 3,914 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its position in Fidelity Small-Mid Multifactor ETF by 7.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,760 shares of the company’s stock worth $280,000 after buying an additional 468 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Stock Down 0.2 %

FSMD stock opened at $42.36 on Friday. The company has a 50 day moving average of $42.21 and a two-hundred day moving average of $41.64. Fidelity Small-Mid Multifactor ETF has a 12-month low of $35.99 and a 12-month high of $45.16. The company has a market cap of $355.82 million, a price-to-earnings ratio of 14.18 and a beta of 0.98.

Fidelity Small-Mid Multifactor ETF 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.