RFG Advisory LLC Increases Holdings in Fidelity Fundamental Small-Mid Cap ETF $FFSM

RFG Advisory LLC grew its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 12.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 391,942 shares of the company’s stock after purchasing an additional 42,715 shares during the quarter. RFG Advisory LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $11,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Dentgroup LLC boosted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 86.3% during the 3rd quarter. Dentgroup LLC now owns 57,293 shares of the company’s stock valued at $1,674,000 after buying an additional 26,543 shares during the last quarter. Creative Planning acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at $595,000. Envestnet Asset Management Inc. boosted its stake in Fidelity Fundamental Small-Mid Cap ETF by 48.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,179 shares of the company’s stock valued at $494,000 after acquiring an additional 5,946 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter worth $76,000. Finally, Evernest Financial Advisors LLC increased its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 3.0% in the 2nd quarter. Evernest Financial Advisors LLC now owns 406,512 shares of the company’s stock worth $11,053,000 after purchasing an additional 11,836 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

BATS:FFSM opened at $33.96 on Monday. The company has a market capitalization of $866.08 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a one year low of $21.80 and a one year high of $29.71. The stock has a 50-day simple moving average of $31.79 and a 200 day simple moving average of $29.99.

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.