Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Hits New 52-Week High – Still a Buy?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSMGet Free Report)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $38.42 and last traded at $38.42, with a volume of 171138 shares changing hands. The stock had previously closed at $38.12.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 0.7%

The firm has a market cap of $978.95 million, a P/E ratio of 16.79 and a beta of 1.09. The company’s fifty day moving average price is $37.11 and its two-hundred day moving average price is $35.09.

Institutional Trading of Fidelity Fundamental Small-Mid Cap ETF

Hedge funds have recently modified their holdings of the company. Commonwealth Equity Services LLC raised its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 227.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,156,899 shares of the company’s stock valued at $35,505,000 after acquiring an additional 803,856 shares during the last quarter. RFG Advisory LLC increased its holdings in Fidelity Fundamental Small-Mid Cap ETF by 80.2% during the 4th quarter. RFG Advisory LLC now owns 706,371 shares of the company’s stock valued at $21,679,000 after purchasing an additional 314,429 shares in the last quarter. Keenan LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at $8,143,000. Gaddis Premier Wealth Advisors LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at $6,379,000. Finally, Clarity Retirement & Wealth LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter worth $2,793,000.

About Fidelity Fundamental Small-Mid Cap ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Fidelity Fundamental Small-Mid Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Fundamental Small-Mid Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.