Fidelity Small-Mid Multifactor ETF $FSMD Shares Purchased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lifted its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 139.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 116,623 shares of the company’s stock after acquiring an additional 67,845 shares during the period. OneDigital Investment Advisors LLC owned 0.28% of Fidelity Small-Mid Multifactor ETF worth $5,133,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Root Financial Partners LLC acquired a new position in shares of Fidelity Small-Mid Multifactor ETF during the third quarter valued at approximately $27,000. Allworth Financial LP increased its position in shares of Fidelity Small-Mid Multifactor ETF by 80.7% during the 2nd quarter. Allworth Financial LP now owns 683 shares of the company’s stock valued at $28,000 after purchasing an additional 305 shares during the period. EverSource Wealth Advisors LLC bought a new stake in shares of Fidelity Small-Mid Multifactor ETF in the 2nd quarter worth $33,000. Ameritas Advisory Services LLC lifted its holdings in shares of 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 valued at $89,000 after buying an additional 1,550 shares during the period. Finally, Financial Consulate Inc. bought a new position in Fidelity Small-Mid Multifactor ETF during the third quarter valued at about $105,000.

Fidelity Small-Mid Multifactor ETF Stock Down 1.5%

NYSEARCA:FSMD opened at $46.81 on Tuesday. The firm has a market cap of $2.07 billion, a P/E ratio of 16.74 and a beta of 0.98. The business’s 50-day moving average price is $45.90 and its 200 day moving average price is $44.43. Fidelity Small-Mid Multifactor ETF has a 52-week low of $33.95 and a 52-week high of $47.79.

About Fidelity Small-Mid Multifactor ETF

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.