New Millennium Group LLC Acquires Shares of 38,149 Fidelity Small-Mid Multifactor ETF $FSMD

New Millennium Group LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 38,149 shares of the company’s stock, valued at approximately $1,679,000. New Millennium Group LLC owned approximately 0.09% of Fidelity Small-Mid Multifactor ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in shares of Fidelity Small-Mid Multifactor ETF during the 3rd quarter worth approximately $27,000. Allworth Financial LP boosted its position in shares of Fidelity Small-Mid Multifactor ETF by 80.7% during the second quarter. Allworth Financial LP now owns 683 shares of the company’s stock valued at $28,000 after purchasing an additional 305 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in Fidelity Small-Mid Multifactor ETF in the second quarter worth $33,000. Ameritas Advisory Services LLC raised its holdings in Fidelity Small-Mid Multifactor ETF by 329.8% in the third quarter. Ameritas Advisory Services LLC now owns 2,020 shares of the company’s stock worth $89,000 after purchasing an additional 1,550 shares in the last quarter. Finally, Financial Consulate Inc. purchased a new position in Fidelity Small-Mid Multifactor ETF during the third quarter valued at $105,000.

Fidelity Small-Mid Multifactor ETF Price Performance

NYSEARCA:FSMD opened at $47.24 on Friday. The firm’s 50-day moving average price is $45.81 and its 200-day moving average price is $44.33. The company has a market capitalization of $2.09 billion, a PE ratio of 16.74 and a beta of 0.98. Fidelity Small-Mid Multifactor ETF has a 1-year low of $33.95 and a 1-year high of $47.79.

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.