Buska Wealth Management LLC Increases Stock Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Buska Wealth Management LLC boosted its position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 180.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 127,234 shares of the company’s stock after acquiring an additional 81,933 shares during the period. Fidelity Fundamental Small-Mid Cap ETF accounts for 1.8% of Buska Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Buska Wealth Management LLC owned approximately 0.50% of Fidelity Fundamental Small-Mid Cap ETF worth $4,862,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FFSM. Kestra Private Wealth Services LLC boosted 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 period. Kestra Advisory Services LLC grew its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 3.7% in the fourth quarter. Kestra Advisory Services LLC now owns 16,874 shares of the company’s stock worth $518,000 after purchasing an additional 598 shares during the last quarter. Elyxium Wealth LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter valued at about $31,000. Royal Bank of Canada increased 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 valued at $392,000 after purchasing an additional 1,076 shares during the period. Finally, AdvisorNet Financial Inc raised its position in Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the 1st quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after purchasing an additional 1,601 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

BATS FFSM opened at $37.85 on Wednesday. Fidelity Fundamental Small-Mid Cap ETF has a fifty-two week low of $27.70 and a fifty-two week high of $38.42. The stock has a 50 day simple moving average of $37.05 and a two-hundred day simple moving average of $35.02. The stock has a market cap of $965.17 million, a P/E 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.