Strategic Blueprint LLC Has $1.99 Million Stock Holdings in Fidelity Momentum Factor ETF $FDMO

Strategic Blueprint LLC increased its position in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 33.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,914 shares of the company’s stock after purchasing an additional 5,939 shares during the quarter. Strategic Blueprint LLC’s holdings in Fidelity Momentum Factor ETF were worth $1,989,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in Fidelity Momentum Factor ETF during the second quarter worth about $43,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Fidelity Momentum Factor ETF in the 2nd quarter worth approximately $76,000. Farther Finance Advisors LLC bought a new stake in Fidelity Momentum Factor ETF during the 3rd quarter worth approximately $192,000. Kestra Investment Management LLC grew its position in Fidelity Momentum Factor ETF by 53.4% during the 1st quarter. Kestra Investment Management LLC now owns 3,415 shares of the company’s stock worth $222,000 after acquiring an additional 1,189 shares during the last quarter. Finally, Dentgroup LLC acquired a new stake in Fidelity Momentum Factor ETF during the 3rd quarter valued at $239,000.

Fidelity Momentum Factor ETF Stock Performance

Shares of FDMO opened at $86.26 on Thursday. The company has a market cap of $629.70 million, a price-to-earnings ratio of 28.38 and a beta of 1.01. The stock has a fifty day moving average price of $83.88 and a two-hundred day moving average price of $81.10. Fidelity Momentum Factor ETF has a 52-week low of $55.41 and a 52-week high of $86.88.

Fidelity Momentum Factor ETF Company Profile

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is managed by Fidelity.