Fidelity Momentum Factor ETF (NYSEARCA:FDMO) Shares Bought by Prudential PLC

Prudential PLC increased its stake in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMOFree Report) by 187.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,035 shares of the company’s stock after buying an additional 11,755 shares during the quarter. Prudential PLC owned about 0.58% of Fidelity Momentum Factor ETF worth $954,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. purchased a new position in shares of Fidelity Momentum Factor ETF in the 4th quarter valued at approximately $1,715,000. Kestra Advisory Services LLC grew its position in Fidelity Momentum Factor ETF by 12.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 24,975 shares of the company’s stock valued at $1,166,000 after buying an additional 2,816 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Fidelity Momentum Factor ETF in the 4th quarter valued at $280,000. Finally, Fiduciary Trust Co purchased a new position in Fidelity Momentum Factor ETF during the 4th quarter worth $223,000.

Fidelity Momentum Factor ETF Stock Up 0.9 %

Shares of NYSEARCA:FDMO opened at $62.50 on Tuesday. The firm’s 50-day simple moving average is $60.02 and its 200-day simple moving average is $56.91. Fidelity Momentum Factor ETF has a fifty-two week low of $44.80 and a fifty-two week high of $62.54. The company has a market cap of $203.11 million, a price-to-earnings ratio of 27.90 and a beta of 1.11.

Fidelity Momentum Factor ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity Momentum Factor ETF (NYSEARCA:FDMO)

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