Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Sets New 52-Week High – What’s Next?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $38.38 and last traded at $38.10, with a volume of 140047 shares traded. The stock had previously closed at $37.50.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 1.5%

The stock’s 50 day moving average price is $35.92 and its 200 day moving average price is $33.68. The firm has a market cap of $970.53 million, a PE ratio of 16.79 and a beta of 1.09.

Institutional Trading of Fidelity Fundamental Small-Mid Cap ETF

Several large investors have recently added to or reduced their stakes in the stock. Elyxium Wealth LLC purchased a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter worth about $31,000. AdvisorNet Financial Inc raised its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the 1st quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after buying an additional 1,601 shares during the period. Geneos Wealth Management Inc. acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter worth approximately $101,000. Fifth Third Bancorp acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the 1st quarter worth approximately $218,000. Finally, Farther Finance Advisors LLC boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% in 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 period.

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.