Dentgroup LLC Acquires 26,543 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

Dentgroup LLC lifted its stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 86.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,293 shares of the company’s stock after purchasing an additional 26,543 shares during the period. Fidelity Fundamental Small-Mid Cap ETF comprises about 1.1% of Dentgroup LLC’s investment portfolio, making the stock its 27th largest position. Dentgroup LLC owned 0.22% of Fidelity Fundamental Small-Mid Cap ETF worth $1,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its stake in Fidelity Fundamental Small-Mid Cap ETF by 230.6% in the 2nd quarter. Osaic Holdings Inc. now owns 11,021 shares of the company’s stock worth $300,000 after acquiring an additional 7,687 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the second quarter valued at $101,000. Benjamin Edwards Inc. raised its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 15.0% in the second quarter. Benjamin Edwards Inc. now owns 13,202 shares of the company’s stock valued at $359,000 after acquiring an additional 1,721 shares in the last quarter. Menora Mivtachim Holdings LTD. raised its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 56.0% in the second quarter. Menora Mivtachim Holdings LTD. now owns 227,554 shares of the company’s stock valued at $6,187,000 after acquiring an additional 81,695 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 15.2% in the second quarter. JPMorgan Chase & Co. now owns 49,247 shares of the company’s stock worth $1,339,000 after acquiring an additional 6,507 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

Shares of Fidelity Fundamental Small-Mid Cap ETF stock opened at $31.25 on Tuesday. Fidelity Fundamental Small-Mid Cap ETF has a 1 year low of $21.80 and a 1 year high of $29.71. The stock has a market cap of $796.88 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The firm’s 50-day moving average is $29.85 and its two-hundred day moving average is $28.63.

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.