New Millennium Group LLC Acquires New Stake in Fidelity Small-Mid Multifactor ETF $FSMD

New Millennium Group LLC bought a new position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 38,149 shares of the company’s stock, valued at approximately $1,679,000.

Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in Fidelity Small-Mid Multifactor ETF by 30.9% in the 1st quarter. Royal Bank of Canada now owns 18,651 shares of the company’s stock worth $730,000 after purchasing an additional 4,399 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Fidelity Small-Mid Multifactor ETF by 104.6% in the first quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock worth $1,643,000 after buying an additional 21,452 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Fidelity Small-Mid Multifactor ETF by 113.0% in the first quarter. Jane Street Group LLC now owns 165,027 shares of the company’s stock worth $6,462,000 after buying an additional 87,542 shares in the last quarter. CWM LLC grew its holdings in shares of Fidelity Small-Mid Multifactor ETF by 94.5% during the second quarter. CWM LLC now owns 6,845 shares of the company’s stock valued at $284,000 after buying an additional 3,326 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in shares of Fidelity Small-Mid Multifactor ETF by 11.0% during the second quarter. Cullen Frost Bankers Inc. now owns 6,926 shares of the company’s stock valued at $287,000 after acquiring an additional 689 shares in the last quarter.

Fidelity Small-Mid Multifactor ETF Trading Down 0.1%

FSMD stock opened at $47.24 on Friday. The stock 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 12-month low of $33.95 and a 12-month high of $47.79. The stock’s 50 day simple moving average is $45.81 and its 200 day simple moving average is $44.33.

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.