Clarity Retirement & Wealth LLC Takes $2.79 Million Position in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Clarity Retirement & Wealth LLC acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 91,006 shares of the company’s stock, valued at approximately $2,793,000. Fidelity Fundamental Small-Mid Cap ETF comprises about 2.5% of Clarity Retirement & Wealth LLC’s portfolio, making the stock its 10th largest position. Clarity Retirement & Wealth LLC owned 0.36% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter valued at about $31,000. Geneos Wealth Management Inc. acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 2nd quarter valued at about $101,000. Farther Finance Advisors LLC increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the 4th quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock valued at $222,000 after acquiring an additional 7,163 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter valued at about $233,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 230.6% during the 2nd quarter. Osaic Holdings Inc. now owns 11,021 shares of the company’s stock valued at $300,000 after acquiring an additional 7,687 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of BATS FFSM opened at $35.74 on Tuesday. The firm has a market cap of $911.37 million, a price-to-earnings ratio of 16.79 and a beta of 1.09. The business’s 50-day simple moving average is $34.90 and its 200-day simple moving average is $33.10. Fidelity Fundamental Small-Mid Cap ETF has a 52 week low of $26.10 and a 52 week high of $36.68.

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.