RFG Advisory LLC Has $26.94 Million Stock Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

RFG Advisory LLC lifted its position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 19.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 843,183 shares of the company’s stock after acquiring an additional 136,812 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF makes up approximately 0.5% of RFG Advisory LLC’s portfolio, making the stock its 28th biggest position. RFG Advisory LLC owned 3.31% of Fidelity Fundamental Small-Mid Cap ETF worth $26,940,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FFSM. Kestra Private Wealth Services LLC grew its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 3.4% during the fourth quarter. Kestra Private Wealth Services LLC now owns 13,178 shares of the company’s stock worth $404,000 after purchasing an additional 434 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 3.7% during the 4th quarter. Kestra Advisory Services LLC now owns 16,874 shares of the company’s stock worth $518,000 after acquiring an additional 598 shares during the last quarter. Elyxium Wealth LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter worth approximately $31,000. Royal Bank of Canada grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 9.2% during the 4th quarter. Royal Bank of Canada now owns 12,781 shares of the company’s stock worth $392,000 after acquiring an additional 1,076 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its position in Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% in the 1st quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after acquiring an additional 1,601 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of BATS:FFSM opened at $37.50 on Thursday. The firm has a market cap of $956.25 million, a PE ratio of 16.79 and a beta of 1.09. The firm’s fifty day moving average is $35.92 and its 200-day moving average is $33.68. Fidelity Fundamental Small-Mid Cap ETF has a 52 week low of $26.71 and a 52 week high of $37.88.

Fidelity Fundamental Small-Mid Cap ETF 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.