Fidelity Small-Mid Cap Opportunities ETF (BATS:FSMO) Stock Price Up 0.9%

Fidelity Small-Mid Cap Opportunities ETF (BATS:FSMO) shares rose 0.9% during trading on Friday . The stock traded as high as $22.42 and last traded at $22.38. Approximately 7,314 shares traded hands during mid-day trading, The stock had previously closed at $22.18.

Fidelity Small-Mid Cap Opportunities ETF Stock Up 0.9 %

The firm has a market cap of $29.77 million, a P/E ratio of 1.70 and a beta of 0.98. The company’s 50 day simple moving average is $22.02 and its 200-day simple moving average is $21.23.

Institutional Trading of Fidelity Small-Mid Cap Opportunities ETF

Several institutional investors have recently added to or reduced their stakes in FSMO. Royal Bank of Canada raised its stake in shares of Fidelity Small-Mid Cap Opportunities ETF by 19.5% during the third quarter. Royal Bank of Canada now owns 15,652 shares of the company’s stock valued at $287,000 after acquiring an additional 2,556 shares in the last quarter. Mercer Global Advisors Inc. ADV bought a new stake in shares of Fidelity Small-Mid Cap Opportunities ETF during the third quarter valued at approximately $323,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of Fidelity Small-Mid Cap Opportunities ETF by 364.2% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 6,271 shares of the company’s stock valued at $127,000 after acquiring an additional 4,920 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Fidelity Small-Mid Cap Opportunities ETF by 52.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,213 shares of the company’s stock valued at $491,000 after acquiring an additional 8,294 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Fidelity Small-Mid Cap Opportunities ETF during the second quarter valued at approximately $469,000.

About Fidelity Small-Mid Cap Opportunities ETF

The Fidelity Small-Mid Cap Opportunities ETF (FSMO) is an exchange-traded fund that is based on the Russell 2500 TR USD index. 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. FSMO was launched on Feb 2, 2021 and is managed by Fidelity.