19,682 Shares in Fidelity Fundamental Small-Mid Cap ETF $FFSM Acquired by Pines Wealth Management LLC

Pines Wealth Management LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 19,682 shares of the company’s stock, valued at approximately $604,000.

Other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter worth approximately $101,000. Beacon Financial Advisory LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth approximately $204,000. Farther Finance Advisors LLC grew its position in Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the 4th quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock worth $222,000 after acquiring an additional 7,163 shares during the last quarter. Mutual Advisors LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $288,000. Finally, Osaic Holdings Inc. boosted its position in Fidelity Fundamental Small-Mid Cap ETF by 230.6% in the 2nd quarter. Osaic Holdings Inc. now owns 11,021 shares of the company’s stock valued at $300,000 after buying an additional 7,687 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of FFSM opened at $35.63 on Friday. The firm has a market capitalization of $908.57 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The business’s fifty day moving average price is $33.40 and its two-hundred day moving average price is $31.94. Fidelity Fundamental Small-Mid Cap ETF has a 52 week low of $25.17 and a 52 week high of $35.73.

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.