KOM Wealth Management Group LLC Has $13.27 Million Stake in Fidelity Fundamental Small-Mid Cap ETF $FFSM

KOM Wealth Management Group LLC lifted its position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 4.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 415,240 shares of the company’s stock after acquiring an additional 17,585 shares during the period. Fidelity Fundamental Small-Mid Cap ETF comprises 9.0% of KOM Wealth Management Group LLC’s investment portfolio, making the stock its 3rd largest holding. KOM Wealth Management Group LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $13,267,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FFSM. Commonwealth Equity Services LLC grew 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 lifted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 80.2% during the 4th 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 in the last quarter. Keenan LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at about $8,143,000. Gaddis Premier Wealth Advisors LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter worth about $6,379,000. Finally, Clarity Retirement & Wealth LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter valued at approximately $2,793,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of BATS FFSM opened at $38.21 on Wednesday. Fidelity Fundamental Small-Mid Cap ETF has a 52-week low of $26.83 and a 52-week high of $38.42. The firm has a market capitalization of $974.36 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The stock has a 50 day moving average price of $36.18 and a 200 day moving average price of $33.87.

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.