53,747 Shares in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the 4th quarter, Holdings Channel reports. The institutional investor bought 53,747 shares of the company’s stock, valued at approximately $1,445,000.

Other hedge funds have also recently made changes to their positions in the company. National Bank of Canada FI bought a new position in Fidelity Fundamental Small-Mid Cap ETF in the 3rd quarter valued at approximately $137,000. Dentgroup LLC raised its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 3.0% during the fourth quarter. Dentgroup LLC now owns 46,350 shares of the company’s stock valued at $1,246,000 after acquiring an additional 1,352 shares during the last quarter. SK Wealth Management LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the third quarter worth $2,254,000. Evernest Financial Advisors LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the third quarter worth $7,146,000. Finally, San Luis Wealth Advisors LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the third quarter worth $5,297,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of BATS:FFSM opened at $28.14 on Friday. The company has a market cap of $72.59 million, a price-to-earnings ratio of 16.91 and a beta of 1.08. The stock’s 50-day moving average is $28.06 and its two-hundred day moving average is $27.16.

Fidelity Fundamental Small-Mid Cap ETF 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.