RFG Advisory LLC Has $26.94 Million Holdings in Fidelity Fundamental Small-Mid Cap ETF $FFSM

RFG Advisory LLC grew its position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 19.4% in the 1st quarter, Holdings Channel reports. The firm owned 843,183 shares of the company’s stock after acquiring an additional 136,812 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF accounts for about 0.5% of RFG Advisory LLC’s portfolio, making the stock its 28th largest holding. RFG Advisory LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $26,940,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Elyxium Wealth LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at $31,000. AdvisorNet Financial Inc lifted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% in the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after buying an additional 1,601 shares during the period. Geneos Wealth Management Inc. acquired a new position in Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at $101,000. Farther Finance Advisors LLC boosted its position in Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock valued at $222,000 after acquiring an additional 7,163 shares during the last quarter. Finally, Eaton Financial Holdings Company LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter valued at $233,000.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 0.6%

Shares of Fidelity Fundamental Small-Mid Cap ETF stock opened at $37.50 on Thursday. The business has a 50-day moving average price of $35.92 and a two-hundred day moving average price of $33.68. Fidelity Fundamental Small-Mid Cap ETF has a 1-year low of $26.71 and a 1-year high of $37.88. The company has a market cap of $956.25 million, a P/E ratio of 16.79 and a beta of 1.09.

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.