Truist Financial Corp Sells 688 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

Truist Financial Corp lowered its stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,604 shares of the company’s stock after selling 688 shares during the quarter. Truist Financial Corp owned about 0.06% of Fidelity Fundamental Small-Mid Cap ETF worth $424,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Provident Wealth Management LLC increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 769.4% in the first quarter. Provident Wealth Management LLC now owns 1,617 shares of the company’s stock worth $41,000 after purchasing an additional 1,431 shares during the last quarter. Bulwark Capital Corp purchased a new position in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at approximately $69,000. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 106.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,290 shares of the company’s stock valued at $134,000 after buying an additional 2,722 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at approximately $235,000. Finally, Benjamin Edwards Inc. grew its holdings in Fidelity Fundamental Small-Mid Cap ETF by 6.8% during the 1st quarter. Benjamin Edwards Inc. now owns 11,481 shares of the company’s stock valued at $290,000 after buying an additional 734 shares in the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

BATS FFSM opened at $28.87 on Friday. The company has a market capitalization of $736.19 million, a P/E ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a one year low of $21.80 and a one year high of $29.71. The stock has a 50 day moving average price of $28.90 and a 200-day moving average price of $27.07.

Fidelity Fundamental Small-Mid Cap ETF 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.