International Assets Investment Management LLC Invests $613,000 in Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG)

International Assets Investment Management LLC acquired a new position in shares of Fidelity U.S. Multifactor ETF (NYSEARCA:FLRG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,033 shares of the company’s stock, valued at approximately $613,000. International Assets Investment Management LLC owned approximately 1.69% of Fidelity U.S. Multifactor ETF at the end of the most recent quarter.

Separately, Commonwealth Equity Services LLC lifted its position in Fidelity U.S. Multifactor ETF by 9.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 210,177 shares of the company’s stock worth $5,370,000 after buying an additional 18,774 shares during the last quarter.

Fidelity U.S. Multifactor ETF Price Performance

NYSEARCA:FLRG opened at $29.38 on Thursday. The business has a 50 day moving average of $29.66 and a 200 day moving average of $28.03. The company has a market capitalization of $101.35 million, a price-to-earnings ratio of 17.22 and a beta of 0.87. Fidelity U.S. Multifactor ETF has a 1-year low of $24.60 and a 1-year high of $30.62.

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.