Benjamin Edwards Inc. Makes New $289,000 Investment in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)

Benjamin Edwards Inc. acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,747 shares of the company’s stock, valued at approximately $289,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FFSM. Principal Securities Inc. raised its position in Fidelity Fundamental Small-Mid Cap ETF by 61.8% in the fourth quarter. Principal Securities Inc. now owns 1,225 shares of the company’s stock valued at $33,000 after purchasing an additional 468 shares during the period. National Bank of Canada FI raised its position in Fidelity Fundamental Small-Mid Cap ETF by 49.0% in the fourth quarter. National Bank of Canada FI now owns 7,450 shares of the company’s stock valued at $200,000 after purchasing an additional 2,450 shares during the period. MFA Wealth Services purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the fourth quarter valued at $454,000. Harbour Investments Inc. raised its position in Fidelity Fundamental Small-Mid Cap ETF by 1.7% in the fourth quarter. Harbour Investments Inc. now owns 21,988 shares of the company’s stock valued at $591,000 after purchasing an additional 372 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Fidelity Fundamental Small-Mid Cap ETF by 29.8% in the third quarter. JPMorgan Chase & Co. now owns 44,427 shares of the company’s stock valued at $1,219,000 after purchasing an additional 10,198 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 16.5%

BATS:FFSM opened at $25.76 on Monday. Fidelity Fundamental Small-Mid Cap ETF has a 52 week low of $21.80 and a 52 week high of $29.71. The company has a market capitalization of $641.42 million, a P/E ratio of 17.86 and a beta of 1.09. The stock’s fifty day moving average is $24.68 and its two-hundred day moving average is $26.78.

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.