RFG Advisory LLC Acquires Shares of 349,227 Fidelity Fundamental Small-Mid Cap ETF $FFSM

RFG Advisory LLC acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 349,227 shares of the company’s stock, valued at approximately $9,495,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Benjamin Edwards Inc. lifted its position in Fidelity Fundamental Small-Mid Cap ETF by 6.8% during the first quarter. Benjamin Edwards Inc. now owns 11,481 shares of the company’s stock valued at $290,000 after buying an additional 734 shares during the period. Provident Wealth Management LLC lifted its position in Fidelity Fundamental Small-Mid Cap ETF by 77.4% during the second quarter. Provident Wealth Management LLC now owns 2,869 shares of the company’s stock valued at $78,000 after buying an additional 1,252 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Fidelity Fundamental Small-Mid Cap ETF by 16.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,709 shares of the company’s stock valued at $321,000 after buying an additional 1,839 shares during the period. Bulwark Capital Corp purchased a new position in Fidelity Fundamental Small-Mid Cap ETF during the second quarter valued at $69,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Fundamental Small-Mid Cap ETF by 106.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,290 shares of the company’s stock valued at $134,000 after buying an additional 2,722 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 2.2%

Shares of Fidelity Fundamental Small-Mid Cap ETF stock opened at $28.78 on Tuesday. The business has a fifty day simple moving average of $28.81 and a two-hundred day simple moving average of $27.01. The firm has a market capitalization of $733.86 million, a P/E ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 12 month low of $21.80 and a 12 month high of $29.71.

About Fidelity Fundamental Small-Mid Cap ETF

The Fidelity Fundamental Small-Mid Cap ETF (FFSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed, non-transparent ETF that invests in global stocks with small to medium capitalization. The fund utilizes the Fidelity non-transparent model. FFSM was launched on Feb 2, 2021 and is issued by Fidelity.