Kerntke Otto McGlone Wealth Management Group Has $13.67 Million Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Kerntke Otto McGlone Wealth Management Group raised its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 18.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 502,919 shares of the company’s stock after buying an additional 78,094 shares during the period. Fidelity Fundamental Small-Mid Cap ETF accounts for approximately 10.8% of Kerntke Otto McGlone Wealth Management Group’s portfolio, making the stock its 2nd biggest holding. Kerntke Otto McGlone Wealth Management Group owned 1.97% of Fidelity Fundamental Small-Mid Cap ETF worth $13,674,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FFSM. Evernest Financial Advisors LLC increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 11.2% during the 1st quarter. Evernest Financial Advisors LLC now owns 394,676 shares of the company’s stock valued at $9,962,000 after acquiring an additional 39,702 shares during the last quarter. OLD Mission Capital LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF during the first quarter valued at approximately $328,000. Bulwark Capital Corp bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at approximately $69,000. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 16.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,709 shares of the company’s stock worth $321,000 after buying an additional 1,839 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the first quarter worth $3,681,000.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 2.0%

BATS FFSM opened at $28.73 on Friday. The company has a market cap of $732.64 million, a P/E ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $21.80 and a 1 year high of $29.71. The company has a fifty day simple moving average of $28.48 and a 200 day simple moving average of $26.69.

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.