Fidelity Fundamental Small-Mid Cap ETF $FFSM Shares Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC grew its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 34.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 157,161 shares of the company’s stock after purchasing an additional 40,353 shares during the quarter. Sax Wealth Advisors LLC owned approximately 0.62% of Fidelity Fundamental Small-Mid Cap ETF worth $4,591,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its position in Fidelity Fundamental Small-Mid Cap ETF by 106.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,290 shares of the company’s stock valued at $134,000 after purchasing an additional 2,722 shares during the period. OLD Mission Capital LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF in the first quarter valued at $328,000. Royal Bank of Canada boosted its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 258.0% during the first quarter. Royal Bank of Canada now owns 27,843 shares of the company’s stock valued at $703,000 after acquiring an additional 20,065 shares during the period. Jane Street Group LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the first quarter valued at $19,395,000. Finally, Bulwark Capital Corp bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the second quarter worth about $69,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 10.1%

FFSM stock opened at $31.02 on Wednesday. The stock has a market cap of $790.88 million, a PE ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $21.80 and a fifty-two week high of $29.71. The firm’s 50-day simple moving average is $30.33 and its 200 day simple moving average is $29.00.

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.