Atria Wealth Solutions Inc. increased its position in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO – Free Report) by 21.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 17,749 shares of the company’s stock after purchasing an additional 3,181 shares during the period. Atria Wealth Solutions Inc.’s holdings in Fidelity Momentum Factor ETF were worth $1,236,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC lifted its position in Fidelity Momentum Factor ETF by 1,801.0% during the third quarter. FMR LLC now owns 1,276,097 shares of the company’s stock worth $84,404,000 after acquiring an additional 1,208,968 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in Fidelity Momentum Factor ETF by 129.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 51,714 shares of the company’s stock worth $3,600,000 after purchasing an additional 29,210 shares during the last quarter. SteelPeak Wealth LLC acquired a new stake in Fidelity Momentum Factor ETF in the fourth quarter valued at about $2,455,000. Rockefeller Capital Management L.P. grew its holdings in shares of Fidelity Momentum Factor ETF by 5.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,972 shares of the company’s stock valued at $1,518,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Rehmann Capital Advisory Group increased its holdings in shares of Fidelity Momentum Factor ETF by 4.8% during the third quarter. Rehmann Capital Advisory Group now owns 17,588 shares of the company’s stock worth $1,163,000 after buying an additional 804 shares in the last quarter.
Fidelity Momentum Factor ETF Price Performance
NYSEARCA:FDMO opened at $71.37 on Monday. Fidelity Momentum Factor ETF has a one year low of $56.22 and a one year high of $74.53. The company has a market cap of $231.95 million, a PE ratio of 27.90 and a beta of 1.11. The firm’s 50 day simple moving average is $71.92 and its 200 day simple moving average is $68.75.
Fidelity Momentum Factor ETF Profile
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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