Fidelity Momentum Factor ETF (NYSEARCA:FDMO) is Great Lakes Retirement Inc.’s 10th Largest Position

Great Lakes Retirement Inc. cut its holdings in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 227,520 shares of the company’s stock after selling 4,008 shares during the period. Fidelity Momentum Factor ETF accounts for about 2.0% of Great Lakes Retirement Inc.’s holdings, making the stock its 10th biggest position. Great Lakes Retirement Inc. owned approximately 0.07% of Fidelity Momentum Factor ETF worth $15,838,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Fidelity Momentum Factor ETF during the third quarter worth about $665,080,000. Darwin Wealth Management LLC purchased a new position in shares of Fidelity Momentum Factor ETF during the 3rd quarter worth approximately $290,000. FMR LLC lifted its holdings in shares of Fidelity Momentum Factor ETF by 1,801.0% in the 3rd quarter. FMR LLC now owns 1,276,097 shares of the company’s stock valued at $84,404,000 after buying an additional 1,208,968 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Fidelity Momentum Factor ETF by 5.5% in the third quarter. Rockefeller Capital Management L.P. now owns 22,972 shares of the company’s stock valued at $1,518,000 after buying an additional 1,198 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its holdings in Fidelity Momentum Factor ETF by 4.8% during the third quarter. Rehmann Capital Advisory Group now owns 17,588 shares of the company’s stock worth $1,163,000 after acquiring an additional 804 shares during the period.

Fidelity Momentum Factor ETF Stock Performance

NYSEARCA:FDMO opened at $73.24 on Wednesday. Fidelity Momentum Factor ETF has a 1 year low of $55.68 and a 1 year high of $74.10. The stock has a fifty day moving average price of $71.72 and a two-hundred day moving average price of $68.03. The stock has a market capitalization of $238.03 million, a price-to-earnings ratio of 27.90 and a beta of 1.11.

Fidelity Momentum Factor ETF Company Profile

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is managed by Fidelity.