KOM Wealth Management Group LLC Acquires 39,857 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

KOM Wealth Management Group LLC boosted its holdings in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 9.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 458,292 shares of the company’s stock after buying an additional 39,857 shares during the period. Fidelity Fundamental Small-Mid Cap ETF makes up 7.8% of KOM Wealth Management Group LLC’s investment portfolio, making the stock its 3rd biggest holding. KOM Wealth Management Group LLC owned approximately 1.80% of Fidelity Fundamental Small-Mid Cap ETF worth $15,504,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MFA Wealth Services boosted its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 4.3% in the third quarter. MFA Wealth Services now owns 77,762 shares of the company’s stock worth $2,631,000 after acquiring an additional 3,223 shares during the period. Farther Finance Advisors LLC grew its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 8.7% in the third quarter. Farther Finance Advisors LLC now owns 11,299 shares of the company’s stock valued at $382,000 after purchasing an additional 905 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 25.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 26,119 shares of the company’s stock valued at $998,000 after purchasing an additional 5,300 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 43.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 181,554 shares of the company’s stock worth $6,937,000 after purchasing an additional 54,716 shares in the last quarter. Finally, Elevation Wealth Management LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter worth about $208,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of FFSM opened at $33.99 on Friday. Fidelity Fundamental Small-Mid Cap ETF has a 52-week low of $28.59 and a 52-week high of $38.48. The stock’s 50-day simple moving average is $35.71 and its 200 day simple moving average is $35.87. The stock has a market capitalization of $866.75 million, a price-to-earnings ratio of 16.79 and a beta of 1.09.

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.