Principal Securities Inc. Increases Stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)

Principal Securities Inc. lifted its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 61.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,225 shares of the company’s stock after buying an additional 468 shares during the quarter. Principal Securities Inc.’s holdings in Fidelity Fundamental Small-Mid Cap ETF were worth $33,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FFSM. National Bank of Canada FI acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the third quarter valued at approximately $137,000. MFA Wealth Services acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter worth $454,000. Harbour Investments Inc. acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $593,000. JPMorgan Chase & Co. grew its position in Fidelity Fundamental Small-Mid Cap ETF by 29.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,427 shares of the company’s stock worth $1,219,000 after purchasing an additional 10,198 shares during the last quarter. Finally, Dentgroup LLC increased its stake 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 valued at $1,246,000 after purchasing an additional 1,352 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

Shares of FFSM stock opened at $26.78 on Friday. The firm has a 50-day moving average of $27.61 and a 200-day moving average of $27.58. The firm has a market cap of $729.65 million, a PE ratio of 18.22 and a beta of 1.09.

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.