
This exchange-traded fund primarily invests in shares of American businesses with market capitalizations ranging from small to medium. It seeks out companies that are considered to be a good value, possess strong underlying business fundamentals, show a positive trend in their stock price, and exhibit more stable price movements compared to the overall market.
Is FSMD's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Citadel Advisors LLC lowered its holdings in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 86.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,869 shares of the company's stock after selling 32,103 shares during the period. Citadel Advisors LLC's holdings in Fidelity Small-Mid Multifactor


Farther Finance Advisors LLC raised its holdings in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 7.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 194,891 shares of the company's stock after purchasing an additional 14,173 shares during the period. Farther

GEN Financial Management INC. acquired a new position in Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 298,664 shares of the company's stock, valued at approximately $13,180,000. Fidelity Small-Mid Multifactor ETF comprises approximately 8.3%

Global Financial Private Client LLC raised its position in shares of Fidelity Small-Mid Multifactor ETF (NYSEARCA:FSMD) by 73.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,056 shares of the company's stock after purchasing an additional 11,855 shares during the