Koss Olinger Consulting LLC Has $683,000 Stock Holdings in Fidelity Momentum Factor ETF $FDMO

Koss Olinger Consulting LLC trimmed its stake in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 25.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,000 shares of the company’s stock after selling 3,000 shares during the quarter. Koss Olinger Consulting LLC owned 0.14% of Fidelity Momentum Factor ETF worth $683,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in Fidelity Momentum Factor ETF by 1.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,985 shares of the company’s stock valued at $1,672,000 after purchasing an additional 244 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in Fidelity Momentum Factor ETF during the second quarter valued at approximately $43,000. NewEdge Advisors LLC boosted its holdings in Fidelity Momentum Factor ETF by 7.8% during the first quarter. NewEdge Advisors LLC now owns 12,341 shares of the company’s stock valued at $803,000 after purchasing an additional 898 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in Fidelity Momentum Factor ETF by 13.9% during the second quarter. Cullen Frost Bankers Inc. now owns 8,384 shares of the company’s stock valued at $636,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Kestra Investment Management LLC boosted its holdings in Fidelity Momentum Factor ETF by 53.4% during the first quarter. Kestra Investment Management LLC now owns 3,415 shares of the company’s stock valued at $222,000 after purchasing an additional 1,189 shares in the last quarter.

Fidelity Momentum Factor ETF Trading Up 1.4%

NYSEARCA FDMO opened at $85.22 on Tuesday. The stock’s 50 day moving average is $81.59 and its two-hundred day moving average is $75.69. The company has a market capitalization of $562.45 million, a price-to-earnings ratio of 28.38 and a beta of 1.01. Fidelity Momentum Factor ETF has a 1-year low of $55.41 and a 1-year high of $85.22.

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.