39,857 Fidelity Fundamental Small-Mid Cap ETF $FFSM Shares Bought by KOM Wealth Management Group LLC

KOM Wealth Management Group LLC lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 9.5% in the third quarter, HoldingsChannel.com reports. The fund owned 458,292 shares of the company’s stock after acquiring an additional 39,857 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF accounts for approximately 7.8% of KOM Wealth Management Group LLC’s portfolio, making the stock its 3rd largest position. KOM Wealth Management Group LLC’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $15,504,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its stake in Fidelity Fundamental Small-Mid Cap ETF by 8.7% in the third quarter. Farther Finance Advisors LLC now owns 11,299 shares of the company’s stock valued at $382,000 after acquiring an additional 905 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock worth $55,000 after purchasing an additional 1,601 shares during the last quarter. SK Wealth Management LLC lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 1.1% during the first quarter. SK Wealth Management LLC now owns 174,090 shares of the company’s stock worth $5,659,000 after purchasing an additional 1,818 shares during the last quarter. MFA Wealth Services lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 4.0% during the first quarter. MFA Wealth Services now owns 74,752 shares of the company’s stock worth $2,388,000 after purchasing an additional 2,846 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 25.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 26,119 shares of the company’s stock worth $998,000 after purchasing an additional 5,300 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 1.8%

FFSM opened at $33.99 on Friday. The stock has a 50-day moving average price of $35.71 and a 200-day moving average price of $35.87. Fidelity Fundamental Small-Mid Cap ETF has a 12-month low of $28.59 and a 12-month high of $38.48. The stock has a market capitalization of $866.75 million, a P/E ratio of 16.79 and a beta of 1.09.

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.