First Heartland Consultants Inc. decreased its holdings in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO – Free Report) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,981 shares of the company’s stock after selling 9,133 shares during the quarter. First Heartland Consultants Inc. owned approximately 0.87% of Fidelity Momentum Factor ETF worth $8,278,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FDMO. Russell Investments Group Ltd. acquired a new stake in Fidelity Momentum Factor ETF during the fourth quarter worth approximately $26,000. Larson Financial Group LLC acquired a new position in shares of Fidelity Momentum Factor ETF in the 3rd quarter valued at $50,000. CWM LLC boosted its holdings in shares of Fidelity Momentum Factor ETF by 4,392.9% in the 4th quarter. CWM LLC now owns 629 shares of the company’s stock valued at $53,000 after buying an additional 615 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 1st quarter valued at $58,000. Finally, High Point Wealth Management LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter valued at $85,000.
Fidelity Momentum Factor ETF Price Performance
Shares of NYSEARCA:FDMO opened at $95.76 on Friday. The company’s fifty day moving average price is $94.99 and its 200 day moving average price is $89.37. Fidelity Momentum Factor ETF has a 12 month low of $76.63 and a 12 month high of $98.87. The firm has a market capitalization of $957.60 million, a P/E ratio of 28.38 and a beta of 1.05.
Fidelity Momentum Factor ETF Company Profile
The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is managed by Fidelity.
Featured Articles
- Five stocks we like better than Fidelity Momentum Factor ETF
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Want to see what other hedge funds are holding FDMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Momentum Factor ETF (NYSEARCA:FDMO – Free Report).
Receive News & Ratings for Fidelity Momentum Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Momentum Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
