Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Shares Purchased by Dentgroup LLC

Dentgroup LLC boosted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 3.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 46,350 shares of the company’s stock after acquiring an additional 1,352 shares during the period. Fidelity Fundamental Small-Mid Cap ETF comprises about 1.0% of Dentgroup LLC’s holdings, making the stock its 29th biggest holding. Dentgroup LLC owned 1.80% of Fidelity Fundamental Small-Mid Cap ETF worth $1,246,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. San Luis Wealth Advisors LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the third quarter valued at approximately $5,297,000. Evernest Financial Advisors LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF in the 3rd quarter valued at $7,146,000. Harbour Investments Inc. acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $593,000. National Bank of Canada FI purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the third quarter worth $137,000. Finally, JPMorgan Chase & Co. raised its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 29.8% in the third quarter. JPMorgan Chase & Co. now owns 44,427 shares of the company’s stock valued at $1,219,000 after buying an additional 10,198 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of BATS:FFSM traded up $0.12 during midday trading on Friday, hitting $27.00. The company’s stock had a trading volume of 300,441 shares. The stock has a market cap of $69.66 million, a P/E ratio of 16.91 and a beta of 1.08. The business’s 50-day moving average is $28.12 and its 200 day moving average is $26.99.

About Fidelity Fundamental Small-Mid Cap ETF

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.