JPMorgan Chase & Co. Purchases 16,096 Shares of Fidelity Fundamental Small-Mid Cap ETF $FFSM

JPMorgan Chase & Co. grew its position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 32.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,343 shares of the company’s stock after purchasing an additional 16,096 shares during the period. JPMorgan Chase & Co. owned about 0.26% of Fidelity Fundamental Small-Mid Cap ETF worth $1,909,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of FFSM. Royal Bank of Canada lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 258.0% in the 1st quarter. Royal Bank of Canada now owns 27,843 shares of the company’s stock valued at $703,000 after acquiring an additional 20,065 shares during the last quarter. Menora Mivtachim Holdings LTD. lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 56.0% in the 2nd 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 during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF by 15.0% in the 2nd 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 during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the 2nd quarter valued at about $101,000. Finally, Osaic Holdings Inc. lifted its stake in shares of 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 valued at $300,000 after acquiring an additional 7,687 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 0.3%

BATS FFSM opened at $32.61 on Wednesday. Fidelity Fundamental Small-Mid Cap ETF has a 1-year low of $21.88 and a 1-year high of $34.62. The stock has a 50-day moving average of $32.90 and a 200-day moving average of $31.29. The firm has a market cap of $831.56 million, a PE ratio of 16.79 and a beta of 1.09.

About Fidelity Fundamental Small-Mid Cap ETF

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.