Wealth Quarterback LLC Sells 122,278 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

Wealth Quarterback LLC reduced its stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 87.6% in the 4th quarter, Holdings Channel reports. The firm owned 17,349 shares of the company’s stock after selling 122,278 shares during the period. Wealth Quarterback LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $532,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FFSM. MAI Capital Management bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the third quarter valued at approximately $8,734,000. Menora Mivtachim Holdings LTD. boosted its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 56.0% during the 2nd quarter. Menora Mivtachim Holdings LTD. now owns 227,554 shares of the company’s stock worth $6,187,000 after buying an additional 81,695 shares during the period. MFA Wealth Services grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 241.5% in the 3rd quarter. MFA Wealth Services now owns 71,856 shares of the company’s stock valued at $2,099,000 after buying an additional 50,816 shares during the last quarter. RFG Advisory LLC raised its holdings in Fidelity Fundamental Small-Mid Cap ETF by 12.2% in the 3rd quarter. RFG Advisory LLC now owns 391,942 shares of the company’s stock worth $11,449,000 after acquiring an additional 42,715 shares during the period. Finally, Sax Wealth Advisors LLC raised its holdings in Fidelity Fundamental Small-Mid Cap ETF by 34.5% in the 3rd quarter. Sax Wealth Advisors LLC now owns 157,161 shares of the company’s stock worth $4,591,000 after acquiring an additional 40,353 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

Fidelity Fundamental Small-Mid Cap ETF stock opened at $30.83 on Tuesday. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $21.80 and a fifty-two week high of $34.62. The firm has a fifty day moving average price of $32.94 and a two-hundred day moving average price of $31.16. The firm has a market cap of $786.17 million, a price-to-earnings ratio of 16.79 and a beta of 1.09.

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.