Liberty Square Wealth Partners LLC Acquires Shares of 114,184 Fidelity Small-Mid Multifactor ETF $FSMD

Liberty Square Wealth Partners LLC bought a new position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) during the third quarter, Holdings Channel.com reports. The fund bought 114,184 shares of the company’s stock, valued at approximately $5,025,000. Fidelity Small-Mid Multifactor ETF accounts for approximately 1.6% of Liberty Square Wealth Partners LLC’s portfolio, making the stock its 12th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. CLG LLC grew its stake in Fidelity Small-Mid Multifactor ETF by 4.3% during the 2nd quarter. CLG LLC now owns 7,204 shares of the company’s stock worth $299,000 after buying an additional 298 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Fidelity Small-Mid Multifactor ETF by 80.7% in the second quarter. Allworth Financial LP now owns 683 shares of the company’s stock valued at $28,000 after acquiring an additional 305 shares during the period. Merit Financial Group LLC grew its position in shares of Fidelity Small-Mid Multifactor ETF by 3.4% during the third quarter. Merit Financial Group LLC now owns 12,308 shares of the company’s stock worth $542,000 after acquiring an additional 410 shares during the last quarter. Riverbend Wealth Management LLC increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 1.6% in the 2nd quarter. Riverbend Wealth Management LLC now owns 27,058 shares of the company’s stock valued at $1,122,000 after acquiring an additional 430 shares during the period. Finally, Cedar Point Capital Partners LLC increased its holdings in shares of Fidelity Small-Mid Multifactor ETF by 2.7% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 18,360 shares of the company’s stock valued at $808,000 after acquiring an additional 479 shares during the period.

Fidelity Small-Mid Multifactor ETF Price Performance

Shares of NYSEARCA:FSMD opened at $47.13 on Friday. The stock has a market cap of $2.09 billion, a P/E ratio of 16.74 and a beta of 0.98. The firm has a fifty day moving average price of $45.60 and a 200 day moving average price of $44.18. Fidelity Small-Mid Multifactor ETF has a 1-year low of $33.95 and a 1-year high of $47.79.

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.