RCS Financial Planning LLC purchased a new position in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 8,890 shares of the company’s stock, valued at approximately $712,000.
Several other institutional investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC grew its holdings in Fidelity Momentum Factor ETF by 1.3% in the 1st quarter. Kestra Private Wealth Services LLC now owns 70,980 shares of the company’s stock valued at $5,685,000 after buying an additional 895 shares in the last quarter. Worth Asset Management LLC acquired a new stake in shares of Fidelity Momentum Factor ETF during the first quarter worth $516,000. Rockefeller Capital Management L.P. boosted its position in shares of Fidelity Momentum Factor ETF by 14.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 24,407 shares of the company’s stock valued at $2,049,000 after acquiring an additional 3,025 shares during the period. World Investment Advisors bought a new stake in shares of Fidelity Momentum Factor ETF in the fourth quarter valued at about $494,000. Finally, Axxcess Wealth Management LLC acquired a new position in shares of Fidelity Momentum Factor ETF in the fourth quarter valued at about $364,000.
Fidelity Momentum Factor ETF Stock Up 1.5%
NYSEARCA FDMO opened at $96.80 on Friday. The company has a market capitalization of $900.24 million, a P/E ratio of 28.38 and a beta of 1.05. Fidelity Momentum Factor ETF has a 12-month low of $74.59 and a 12-month high of $98.86. The firm has a 50-day moving average price of $93.33 and a two-hundred day moving average price of $87.35.
About Fidelity Momentum Factor ETF
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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