Fidelity Fundamental Small-Mid Cap ETF $FFSM Stock Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. lifted its stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 221.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,600 shares of the company’s stock after acquiring an additional 45,222 shares during the period. Summit Wealth Group LLC Co.’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $2,219,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Kestra Advisory Services LLC raised its stake in Fidelity Fundamental Small-Mid Cap ETF by 81.2% during the 1st quarter. Kestra Advisory Services LLC now owns 30,581 shares of the company’s stock valued at $977,000 after purchasing an additional 13,707 shares during the last quarter. Retirement Planning Group LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 3rd quarter valued at $3,950,000. Dahring Cusmano LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 1st quarter valued at $1,786,000. Envestnet Asset Management Inc. boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 43.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 181,554 shares of the company’s stock valued at $6,937,000 after purchasing an additional 54,716 shares during the period. Finally, Precedent Wealth Partners LLC grew its position in Fidelity Fundamental Small-Mid Cap ETF by 74.5% in the 3rd quarter. Precedent Wealth Partners LLC now owns 378,907 shares of the company’s stock worth $12,818,000 after purchasing an additional 161,742 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

BATS FFSM opened at $34.40 on Tuesday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 19.36 and a beta of 1.07. The company’s fifty day moving average is $34.79 and its two-hundred day moving average is $35.00. Fidelity Fundamental Small-Mid Cap ETF has a 52-week low of $28.59 and a 52-week high of $38.48.

Fidelity Fundamental Small-Mid Cap ETF Company 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.