Schmidt P J Investment Management Inc. Purchases New Holdings in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Schmidt P J Investment Management Inc. purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,298 shares of the company’s stock, valued at approximately $518,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FFSM. Summit Wealth Group LLC Co. boosted its stake in Fidelity Fundamental Small-Mid Cap ETF by 221.9% in the 3rd quarter. Summit Wealth Group LLC Co. now owns 65,600 shares of the company’s stock valued at $2,219,000 after buying an additional 45,222 shares in the last quarter. Sigma Planning Corp acquired a new position in Fidelity Fundamental Small-Mid Cap ETF in the third quarter valued at about $776,000. Precedent Wealth Partners LLC grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 74.5% during the third quarter. Precedent Wealth Partners LLC now owns 378,907 shares of the company’s stock worth $12,818,000 after buying an additional 161,742 shares during the last quarter. Retirement Planning Group LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the third quarter worth about $3,950,000. Finally, Novem Group grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 0.7% during the third quarter. Novem Group now owns 228,927 shares of the company’s stock worth $7,745,000 after buying an additional 1,653 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 1.4%

BATS FFSM opened at $35.16 on Thursday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 19.36 and a beta of 1.07. Fidelity Fundamental Small-Mid Cap ETF has a 1-year low of $28.59 and a 1-year high of $38.48. The company has a 50 day moving average of $34.71 and a 200-day moving average of $35.03.

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.