Fidelity Small-Mid Multifactor ETF (FSMD)
Fidelity Small-Mid Multifactor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $52.67, up 0.98% on the session, giving a market capitalisation of $2.69B. Its beta of 0.94 implies it has historically moved less than the broad market.
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.
Fidelity Small-Mid Multifactor ETF is most often compared with the following Financial Services names: