Fidelity Momentum Factor ETF (NYSEARCA:FDMO) Shares Sold by Cerity Partners LLC

Cerity Partners LLC decreased its holdings in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 83,559 shares of the company’s stock after selling 2,366 shares during the period. Cerity Partners LLC’s holdings in Fidelity Momentum Factor ETF were worth $4,422,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. UBS Group AG purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter worth $34,000. CreativeOne Wealth LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter worth $203,000. International Assets Investment Management LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter worth $280,000. Citadel Advisors LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 2nd quarter worth $292,000. Finally, Cetera Advisor Networks LLC purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter worth $317,000.

Fidelity Momentum Factor ETF Trading Up 0.3 %

Shares of FDMO opened at $58.14 on Wednesday. The firm has a market capitalization of $180.23 million, a P/E ratio of 22.36 and a beta of 0.96. The stock’s fifty day simple moving average is $58.70 and its 200 day simple moving average is $53.40. Fidelity Momentum Factor ETF has a twelve month low of $44.36 and a twelve month high of $60.71.

Fidelity Momentum Factor ETF Profile

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is managed by Fidelity.