Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Shares Sold by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC reduced its stake in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 3.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,846 shares of the company’s stock after selling 7,190 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF comprises approximately 0.9% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 26th largest holding. San Luis Wealth Advisors LLC owned about 7.20% of Fidelity Fundamental Small-Mid Cap ETF worth $4,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the company. Evernest Financial Advisors LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $7,146,000. SK Wealth Management LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF during the third quarter valued at about $2,254,000. Dentgroup LLC increased its position in Fidelity Fundamental Small-Mid Cap ETF by 3.0% during the 4th quarter. Dentgroup LLC now owns 46,350 shares of the company’s stock worth $1,246,000 after purchasing an additional 1,352 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $1,219,000 after buying an additional 10,198 shares during the period. Finally, Harbour Investments Inc. purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $593,000.

Fidelity Fundamental Small-Mid Cap ETF Stock Performance

Shares of FFSM opened at $27.38 on Wednesday. The firm has a market cap of $70.64 million, a price-to-earnings ratio of 16.91 and a beta of 1.08. The firm has a 50-day simple moving average of $28.12 and a 200 day simple moving average of $27.13.

About Fidelity Fundamental Small-Mid Cap ETF

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.