Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 145,130 shares, a decline of 36.4% from the July 30th total of 228,036 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 270,037 shares, the days-to-cover ratio is presently 0.5 days.
Fidelity Fundamental Small-Mid Cap ETF Trading Down 1.3%
Fidelity Fundamental Small-Mid Cap ETF stock opened at $35.80 on Wednesday. The company has a market cap of $912.90 million, a PE ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $28.23 and a 1 year high of $38.48. The company’s 50-day moving average is $37.22 and its two-hundred day moving average is $35.47.
Hedge Funds Weigh In On Fidelity Fundamental Small-Mid Cap ETF
Large investors have recently bought and sold shares of the business. Elevation Wealth Management LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at approximately $208,000. Buska Wealth Management LLC lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 180.9% in the 2nd quarter. Buska Wealth Management LLC now owns 127,234 shares of the company’s stock valued at $4,862,000 after purchasing an additional 81,933 shares during the period. Cetera Investment Advisers lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 316.5% in the 1st quarter. Cetera Investment Advisers now owns 61,638 shares of the company’s stock valued at $1,969,000 after purchasing an additional 46,838 shares during the period. SK Wealth Management LLC boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 1.1% in the 1st quarter. SK Wealth Management LLC now owns 174,090 shares of the company’s stock worth $5,659,000 after purchasing an additional 1,818 shares during the last quarter. Finally, Dahring Cusmano LLC bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the 1st quarter worth $1,786,000.
Fidelity Fundamental Small-Mid Cap ETF Company Profile
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.
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