San Luis Wealth Advisors LLC Has $3.60 Million Holdings in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)

San Luis Wealth Advisors LLC lessened its position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 23.3% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 142,594 shares of the company’s stock after selling 43,252 shares during the quarter. San Luis Wealth Advisors LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $3,599,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter worth $109,163,000. SK Wealth Management LLC boosted its position in Fidelity Fundamental Small-Mid Cap ETF by 1.1% during the 4th quarter. SK Wealth Management LLC now owns 84,441 shares of the company’s stock worth $2,270,000 after acquiring an additional 920 shares during the period. JPMorgan Chase & Co. grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 2.7% during the 4th quarter. JPMorgan Chase & Co. now owns 45,614 shares of the company’s stock valued at $1,226,000 after acquiring an additional 1,187 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 1.7% in the 4th quarter. Harbour Investments Inc. now owns 21,988 shares of the company’s stock valued at $591,000 after purchasing an additional 372 shares during the period. Finally, Benjamin Edwards Inc. acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at about $289,000.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

BATS FFSM opened at $26.50 on Tuesday. The firm has a market capitalization of $671.12 million, a price-to-earnings ratio of 17.24 and a beta of 1.09. The company has a 50 day simple moving average of $25.45 and a 200-day simple moving average of $26.43. Fidelity Fundamental Small-Mid Cap ETF has a 52-week low of $21.80 and a 52-week high of $29.71.

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.