Schmidt P J Investment Management Inc. Acquires 15,298 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

Schmidt P J Investment Management Inc. bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,298 shares of the company’s stock, valued at approximately $518,000. Schmidt P J Investment Management Inc. owned approximately 0.06% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FFSM. KOM Wealth Management Group LLC lifted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 9.5% in the 3rd quarter. KOM Wealth Management Group LLC now owns 458,292 shares of the company’s stock valued at $15,504,000 after acquiring an additional 39,857 shares during the last quarter. Precedent Wealth Partners LLC lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 74.5% during the third quarter. Precedent Wealth Partners LLC now owns 378,907 shares of the company’s stock valued at $12,818,000 after purchasing an additional 161,742 shares during the last quarter. Novem Group lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 0.7% during the third quarter. Novem Group now owns 228,927 shares of the company’s stock valued at $7,745,000 after purchasing an additional 1,653 shares during the last quarter. Gaddis Premier Wealth Advisors LLC boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 3.4% during the first quarter. Gaddis Premier Wealth Advisors LLC now owns 214,864 shares of the company’s stock worth $6,865,000 after buying an additional 7,005 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 43.1% during the second quarter. Envestnet Asset Management Inc. now owns 181,554 shares of the company’s stock worth $6,937,000 after buying an additional 54,716 shares in the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Fidelity Fundamental Small-Mid Cap ETF stock opened at $35.16 on Thursday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 19.36 and a beta of 1.07. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $28.59 and a 1 year high of $38.48. The firm’s 50 day moving average price is $34.71 and its two-hundred day moving average price is $35.03.

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.