Fidelity Fundamental Small-Mid Cap ETF $FFSM Shares Purchased by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 74.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 378,907 shares of the company’s stock after buying an additional 161,742 shares during the period. Fidelity Fundamental Small-Mid Cap ETF accounts for approximately 1.9% of Precedent Wealth Partners LLC’s holdings, making the stock its 11th largest holding. Precedent Wealth Partners LLC owned approximately 1.49% of Fidelity Fundamental Small-Mid Cap ETF worth $12,818,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Retirement Planning Group LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth about $3,950,000. Novem Group boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 0.7% in the third quarter. Novem Group now owns 228,927 shares of the company’s stock worth $7,745,000 after acquiring an additional 1,653 shares during the last quarter. KOM Wealth Management Group LLC grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 9.5% in the third quarter. KOM Wealth Management Group LLC now owns 458,292 shares of the company’s stock valued at $15,504,000 after purchasing an additional 39,857 shares during the period. MFA Wealth Services grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 4.3% in the third quarter. MFA Wealth Services now owns 77,762 shares of the company’s stock valued at $2,631,000 after purchasing an additional 3,223 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings 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 purchasing an additional 905 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Fidelity Fundamental Small-Mid Cap ETF stock opened at $33.65 on Friday. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $28.59 and a 1 year high of $38.48. The firm has a 50 day moving average price of $35.28 and a 200 day moving average price of $35.93. The company has a market cap of $858.08 million, a price-to-earnings ratio of 16.79 and a beta of 1.09.

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.