Centennial Wealth Advisory LLC Acquires 427 Shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG)

Centennial Wealth Advisory LLC grew its holdings in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,595 shares of the company’s stock after acquiring an additional 427 shares during the quarter. Fidelity U.S. Multifactor ETF accounts for about 0.9% of Centennial Wealth Advisory LLC’s investment portfolio, making the stock its 17th largest holding. Centennial Wealth Advisory LLC’s holdings in Fidelity U.S. Multifactor ETF were worth $2,353,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. West Branch Capital LLC acquired a new position in shares of Fidelity U.S. Multifactor ETF in the 4th quarter valued at approximately $93,000. JPMorgan Chase & Co. bought a new position in Fidelity U.S. Multifactor ETF in the third quarter valued at approximately $46,000. FMR LLC boosted its holdings in shares of Fidelity U.S. Multifactor ETF by 283.2% in the third quarter. FMR LLC now owns 4,595 shares of the company’s stock valued at $156,000 after buying an additional 3,396 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Fidelity U.S. Multifactor ETF by 1.2% during the second quarter. Cetera Investment Advisers now owns 51,282 shares of the company’s stock worth $1,619,000 after acquiring an additional 632 shares in the last quarter.

Fidelity U.S. Multifactor ETF Trading Up 0.7 %

FLRG opened at $35.47 on Thursday. The firm’s fifty day simple moving average is $34.83 and its 200 day simple moving average is $33.95. The stock has a market capitalization of $124.15 million, a P/E ratio of 17.98 and a beta of 0.88. Fidelity U.S. Multifactor ETF has a 12 month low of $28.41 and a 12 month high of $35.85.

About Fidelity U.S. Multifactor ETF

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.