RFG Advisory LLC Decreases Stake in Fidelity Fundamental Small-Mid Cap ETF $FFSM

RFG Advisory LLC lowered its position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 9.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 759,366 shares of the company’s stock after selling 83,817 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF comprises 0.5% of RFG Advisory LLC’s investment portfolio, making the stock its 29th largest holding. RFG Advisory LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $29,015,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its position in Fidelity Fundamental Small-Mid Cap ETF by 81.2% during the first quarter. Kestra Advisory Services LLC now owns 30,581 shares of the company’s stock worth $977,000 after purchasing an additional 13,707 shares during the period. Gaddis Premier Wealth Advisors LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter valued at approximately $6,379,000. Dahring Cusmano LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the first quarter valued at approximately $1,786,000. Retirement Planning Group LLC lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 100.0% during the 1st quarter. Retirement Planning Group LLC now owns 103,645 shares of the company’s stock valued at $3,311,000 after buying an additional 51,812 shares in the last quarter. Finally, Clarity Retirement & Wealth LLC purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter valued at approximately $2,793,000.

Fidelity Fundamental Small-Mid Cap ETF Trading Down 0.8%

FFSM opened at $36.18 on Wednesday. Fidelity Fundamental Small-Mid Cap ETF has a 12 month low of $28.23 and a 12 month high of $38.48. The company has a market cap of $922.59 million, a PE ratio of 16.79 and a beta of 1.09. The company has a 50 day moving average of $37.06 and a 200 day moving average of $35.56.

About Fidelity Fundamental Small-Mid Cap ETF

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.