349,227 Shares in Fidelity Fundamental Small-Mid Cap ETF $FFSM Bought by RFG Advisory LLC

RFG Advisory LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 349,227 shares of the company’s stock, valued at approximately $9,495,000. RFG Advisory LLC owned 1.37% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Provident Wealth Management LLC lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 769.4% in the first quarter. Provident Wealth Management LLC now owns 1,617 shares of the company’s stock worth $41,000 after acquiring an additional 1,431 shares during the period. Bulwark Capital Corp purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the second quarter worth $69,000. Ameritas Advisory Services LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the second quarter worth $76,000. Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 106.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,290 shares of the company’s stock worth $134,000 after acquiring an additional 2,722 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the second quarter worth $235,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 2.2%

Shares of FFSM stock opened at $28.78 on Tuesday. The stock has a fifty day moving average of $28.81 and a 200 day moving average of $27.01. Fidelity Fundamental Small-Mid Cap ETF has a 52 week low of $21.80 and a 52 week high of $29.71. The firm has a market capitalization of $733.86 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.