Cetera Investment Advisers Has $26 Million Holdings in Fidelity Small-Mid Multifactor ETF $FSMD

Cetera Investment Advisers decreased its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 3.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 581,286 shares of the company’s stock after selling 22,884 shares during the quarter. Cetera Investment Advisers’ holdings in Fidelity Small-Mid Multifactor ETF were worth $25,995,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new stake in Fidelity Small-Mid Multifactor ETF during the 4th quarter worth approximately $28,000. EverSource Wealth Advisors LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the second quarter valued at approximately $33,000. Global Assets Advisory LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF in the first quarter valued at approximately $35,000. Creative Financial Designs Inc. ADV boosted its position in shares of Fidelity Small-Mid Multifactor ETF by 283.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 975 shares of the company’s stock valued at $43,000 after buying an additional 721 shares during the last quarter. Finally, Portfolio Resources Advisor Group Inc. purchased a new position in shares of Fidelity Small-Mid Multifactor ETF during the fourth quarter valued at approximately $49,000.

Fidelity Small-Mid Multifactor ETF Stock Performance

Shares of Fidelity Small-Mid Multifactor ETF stock opened at $50.92 on Monday. The stock has a fifty day simple moving average of $50.92 and a 200 day simple moving average of $48.16. Fidelity Small-Mid Multifactor ETF has a 12-month low of $40.79 and a 12-month high of $53.00. The company has a market capitalization of $2.52 billion, a P/E ratio of 16.74 and a beta of 0.93.

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.