Sax Wealth Advisors LLC Invests $1.45 Million in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)

Sax Wealth Advisors LLC acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 53,747 shares of the company’s stock, valued at approximately $1,445,000. Sax Wealth Advisors LLC owned about 2.08% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Evernest Financial Advisors LLC bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the third quarter valued at approximately $7,146,000. San Luis Wealth Advisors LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $5,297,000. SK Wealth Management LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $2,254,000. Dentgroup LLC increased its position in Fidelity Fundamental Small-Mid Cap ETF by 3.0% in the fourth quarter. Dentgroup LLC now owns 46,350 shares of the company’s stock worth $1,246,000 after buying an additional 1,352 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Fidelity Fundamental Small-Mid Cap ETF by 29.8% in the third quarter. JPMorgan Chase & Co. now owns 44,427 shares of the company’s stock valued at $1,219,000 after buying an additional 10,198 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 2.8 %

Fidelity Fundamental Small-Mid Cap ETF stock opened at $28.14 on Friday. The company has a market capitalization of $72.59 million, a price-to-earnings ratio of 16.91 and a beta of 1.08. The business’s 50 day moving average price is $28.06 and its 200-day moving average price is $27.16.

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.