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

Trademark Financial Management LLC increased its stake in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 47.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,303 shares of the company’s stock after buying an additional 20,248 shares during the period. Fidelity Small-Mid Multifactor ETF accounts for about 1.4% of Trademark Financial Management LLC’s portfolio, making the stock its 20th largest position. Trademark Financial Management LLC’s holdings in Fidelity Small-Mid Multifactor ETF were worth $2,831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Royal Bank of Canada grew 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 acquiring an additional 4,399 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Fidelity Small-Mid Multifactor ETF by 104.6% during the first quarter. Goldman Sachs Group Inc. now owns 41,957 shares of the company’s stock valued at $1,643,000 after acquiring an additional 21,452 shares in the last quarter. Jane Street Group LLC boosted its holdings 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 valued at $6,462,000 after purchasing an additional 87,542 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 96.2% in the second 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 period. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity Small-Mid Multifactor ETF in the second quarter valued at approximately $33,000.

Fidelity Small-Mid Multifactor ETF Stock Down 1.3%

FSMD opened at $51.63 on Friday. The stock’s fifty day moving average is $50.26 and its two-hundred day moving average is $47.43. The company 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 52 week low of $40.79 and a 52 week high of $53.00.

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.