Dahring Cusmano LLC Purchases Shares of 55,908 Fidelity Fundamental Small-Mid Cap ETF $FFSM

Dahring Cusmano LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) during the first quarter, HoldingsChannel reports. The institutional investor purchased 55,908 shares of the company’s stock, valued at approximately $1,786,000. Fidelity Fundamental Small-Mid Cap ETF accounts for 1.1% of Dahring Cusmano LLC’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Elyxium Wealth LLC acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter worth about $31,000. AdvisorNet Financial Inc lifted its holdings in Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% in the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock worth $55,000 after acquiring an additional 1,601 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in Fidelity Fundamental Small-Mid Cap ETF in the second quarter valued at approximately $101,000. Fifth Third Bancorp bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the first quarter valued at approximately $218,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock valued at $222,000 after purchasing an additional 7,163 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 0.2%

Shares of BATS FFSM opened at $36.87 on Friday. The company has a market cap of $940.18 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a 12-month low of $26.83 and a 12-month high of $38.42. The stock’s 50 day simple moving average is $36.55 and its 200 day simple moving average is $34.35.

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.