Trademark Financial Management LLC Buys 20,248 Shares of Fidelity Small-Mid Multifactor ETF $FSMD

Trademark Financial Management LLC lifted its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 47.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 63,303 shares of the company’s stock after purchasing an additional 20,248 shares during the quarter. Fidelity Small-Mid Multifactor ETF comprises 1.4% of Trademark Financial Management LLC’s portfolio, making the stock its 20th biggest holding. Trademark Financial Management LLC owned about 0.13% of Fidelity Small-Mid Multifactor ETF worth $2,831,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Royal Bank of Canada lifted its position in Fidelity Small-Mid Multifactor ETF by 30.9% in the first quarter. Royal Bank of Canada now owns 18,651 shares of the company’s stock worth $730,000 after buying an additional 4,399 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 104.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock worth $1,643,000 after acquiring an additional 21,452 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Fidelity Small-Mid Multifactor ETF by 113.0% during the 1st quarter. Jane Street Group LLC now owns 165,027 shares of the company’s stock worth $6,462,000 after purchasing an additional 87,542 shares during the period. JPMorgan Chase & Co. grew its holdings in Fidelity Small-Mid Multifactor ETF by 96.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,613 shares of the company’s stock valued at $772,000 after purchasing an additional 9,128 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new position in Fidelity Small-Mid Multifactor ETF during the 2nd quarter valued at about $33,000.

Fidelity Small-Mid Multifactor ETF Price Performance

Fidelity Small-Mid Multifactor ETF stock opened at $51.63 on Friday. The firm has a market capitalization of $2.52 billion, a P/E ratio of 16.74 and a beta of 0.93. Fidelity Small-Mid Multifactor ETF has a 1-year low of $40.79 and a 1-year high of $53.00. The company’s 50-day moving average is $50.26 and its 200 day moving average is $47.43.

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.