Fidelity Fundamental Small-Mid Cap ETF $FFSM Shares Sold by Wealth Quarterback LLC

Wealth Quarterback LLC decreased its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 87.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,349 shares of the company’s stock after selling 122,278 shares during the period. Wealth Quarterback LLC owned approximately 0.07% of Fidelity Fundamental Small-Mid Cap ETF worth $532,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at approximately $101,000. Beacon Financial Advisory LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at $204,000. Mutual Advisors LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at $288,000. Osaic Holdings Inc. increased its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 230.6% during the 2nd quarter. Osaic Holdings Inc. now owns 11,021 shares of the company’s stock valued at $300,000 after purchasing an additional 7,687 shares during the period. Finally, Hicks Capital Management LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at $302,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Down 2.0%

Shares of Fidelity Fundamental Small-Mid Cap ETF stock opened at $30.83 on Tuesday. The business has a fifty day simple moving average of $32.94 and a 200-day simple moving average of $31.16. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $21.80 and a fifty-two week high of $34.62. The firm has a market cap of $786.17 million, a price-to-earnings ratio of 16.79 and a beta of 1.09.

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.