Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) Shares Bought by Fmr LLC

Fmr LLC grew its position in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) by 283.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,595 shares of the company’s stock after acquiring an additional 3,396 shares during the period. Fmr LLC’s holdings in Fidelity U.S. Multifactor ETF were worth $156,000 at the end of the most recent quarter.

Separately, Centennial Wealth Advisory LLC purchased a new stake in Fidelity U.S. Multifactor ETF in the 3rd quarter valued at approximately $2,342,000.

Fidelity U.S. Multifactor ETF Trading Up 0.7 %

NYSEARCA FLRG opened at $34.06 on Monday. The stock has a market capitalization of $119.21 million, a price-to-earnings ratio of 17.98 and a beta of 0.88. The business’s 50 day moving average is $34.80 and its two-hundred day moving average is $33.26. Fidelity U.S. Multifactor ETF has a 12-month low of $27.42 and a 12-month high of $35.74.

Fidelity U.S. Multifactor ETF Profile

The Fidelity U.S. Multifactor ETF (FLRG) is an exchange-traded fund that is based on the Fidelity U.S. Multifactor index. The fund tracks an index large-cap US stocks selected by four factors – value, quality, low volatility, and momentum. FLRG was launched on Sep 15, 2020 and is managed by Fidelity.