Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Sets New 12-Month High – Still a Buy?

Posted by Teresa Graham on Jan 21st, 2026

Shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $32.04 and last traded at $32.3710, with a volume of 338019 shares trading hands. The stock had previously closed at $31.58.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

The company has a market capitalization of $825.46 million, a P/E ratio of 16.79 and a beta of 1.09. The stock has a fifty day moving average of $30.99 and a 200 day moving average of $29.52.

Institutional Investors Weigh In On Fidelity Fundamental Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter worth approximately $76,000. Provident Wealth Management LLC increased its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 77.4% in the second quarter. Provident Wealth Management LLC now owns 2,869 shares of the company’s stock worth $78,000 after purchasing an additional 1,252 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at $101,000. Beacon Financial Advisory LLC bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at $204,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at $235,000.

Fidelity Fundamental Small-Mid Cap ETF Company Profile

(Get Free Report)

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.