MFA Wealth Services Has $2.10 Million Stock Holdings in Fidelity Fundamental Small-Mid Cap ETF $FFSM

MFA Wealth Services boosted its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 241.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,856 shares of the company’s stock after purchasing an additional 50,816 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF comprises approximately 1.4% of MFA Wealth Services’ holdings, making the stock its 14th largest position. MFA Wealth Services owned about 0.28% of Fidelity Fundamental Small-Mid Cap ETF worth $2,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. increased its position in Fidelity Fundamental Small-Mid Cap ETF by 15.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 13,202 shares of the company’s stock worth $359,000 after buying an additional 1,721 shares during the period. Geneos Wealth Management Inc. bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at approximately $101,000. Wealth Quarterback LLC grew its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 4.3% in the third quarter. Wealth Quarterback LLC now owns 139,627 shares of the company’s stock worth $4,078,000 after acquiring an additional 5,713 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Fidelity Fundamental Small-Mid Cap ETF by 48.6% during the second quarter. Envestnet Asset Management Inc. now owns 18,179 shares of the company’s stock worth $494,000 after acquiring an additional 5,946 shares during the period. Finally, SK Wealth Management LLC increased its position in Fidelity Fundamental Small-Mid Cap ETF by 3.9% during the third quarter. SK Wealth Management LLC now owns 159,177 shares of the company’s stock worth $4,624,000 after acquiring an additional 6,046 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

BATS:FFSM opened at $31.99 on Tuesday. Fidelity Fundamental Small-Mid Cap ETF has a one year low of $21.80 and a one year high of $34.62. The company has a fifty day moving average price of $33.01 and a 200 day moving average price of $30.97. The stock has a market cap of $815.75 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.