Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) Trading 0.3% Higher – Here’s What Happened

Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) was up 0.3% during mid-day trading on Tuesday . The stock traded as high as $27.23 and last traded at $27.06. Approximately 27,152 shares were traded during trading, The stock had previously closed at $26.97.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

The company has a market capitalization of $70.13 million, a P/E ratio of 16.91 and a beta of 1.07. The stock’s fifty day moving average price is $27.10 and its 200-day moving average price is $26.14.

Institutional Investors Weigh In On Fidelity Fundamental Small-Mid Cap ETF

A hedge fund recently bought a new stake in Fidelity Fundamental Small-Mid Cap ETF stock. Dentgroup LLC purchased a new position in Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 35,466 shares of the company’s stock, valued at approximately $894,000. Dentgroup LLC owned 1.39% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent SEC filing.

About Fidelity Fundamental Small-Mid Cap ETF

The Fidelity Small-Mid Cap Opportunities ETF (FSMO) is an exchange-traded fund that is based on the Russell 2500 TR USD index. 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. FSMO was launched on Feb 2, 2021 and is managed by Fidelity.