Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Trading Down 2% – What’s Next?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)’s share price traded down 2% during mid-day trading on Friday . The stock traded as low as $27.71 and last traded at $26.82. 169,776 shares traded hands during mid-day trading, The stock had previously closed at $27.38.

Fidelity Fundamental Small-Mid Cap ETF Stock Down 2.0 %

The firm has a fifty day simple moving average of $27.69 and a 200-day simple moving average of $27.55. The company has a market capitalization of $730.85 million, a P/E ratio of 18.22 and a beta of 1.09.

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

Large investors have recently modified their holdings of the business. Benjamin Edwards Inc. acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter worth about $289,000. FMR LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter worth about $109,163,000. National Bank of Canada FI boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 49.0% during the fourth quarter. National Bank of Canada FI now owns 7,450 shares of the company’s stock worth $200,000 after buying an additional 2,450 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 2.7% during the fourth quarter. JPMorgan Chase & Co. now owns 45,614 shares of the company’s stock worth $1,226,000 after buying an additional 1,187 shares during the period. Finally, Harbour Investments Inc. boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 1.7% during the fourth quarter. Harbour Investments Inc. now owns 21,988 shares of the company’s stock worth $591,000 after buying an additional 372 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Company 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.