KOM Wealth Management Group LLC Increases Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

KOM Wealth Management Group LLC boosted its stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 4.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 415,240 shares of the company’s stock after purchasing an additional 17,585 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF comprises approximately 9.0% of KOM Wealth Management Group LLC’s holdings, making the stock its 3rd largest holding. KOM Wealth Management Group LLC owned 1.63% of Fidelity Fundamental Small-Mid Cap ETF worth $13,267,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FFSM. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 227.7% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,156,899 shares of the company’s stock worth $35,505,000 after purchasing an additional 803,856 shares during the last quarter. RFG Advisory LLC boosted its stake in Fidelity Fundamental Small-Mid Cap ETF by 80.2% during the fourth quarter. RFG Advisory LLC now owns 706,371 shares of the company’s stock valued at $21,679,000 after buying an additional 314,429 shares during the last quarter. Keenan LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter valued at approximately $8,143,000. Gaddis Premier Wealth Advisors LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter valued at approximately $6,379,000. Finally, Clarity Retirement & Wealth LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter worth approximately $2,793,000.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

Shares of FFSM opened at $38.21 on Wednesday. The stock has a market capitalization of $974.36 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $26.83 and a 1 year high of $38.42. The business’s 50 day simple moving average is $36.18 and its 200-day simple moving average is $33.87.

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.