Kestra Private Wealth Services LLC Boosts Stock Position in Fidelity Momentum Factor ETF (NYSEARCA:FDMO)

Kestra Private Wealth Services LLC boosted its holdings in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 129.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 51,714 shares of the company’s stock after acquiring an additional 29,210 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Fidelity Momentum Factor ETF were worth $3,600,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. FMR LLC boosted its holdings in Fidelity Momentum Factor ETF by 1,801.0% during the 3rd quarter. FMR LLC now owns 1,276,097 shares of the company’s stock valued at $84,404,000 after acquiring an additional 1,208,968 shares during the period. JPMorgan Chase & Co. boosted its holdings in Fidelity Momentum Factor ETF by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,665 shares of the company’s stock valued at $772,000 after acquiring an additional 725 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in Fidelity Momentum Factor ETF by 5.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 22,972 shares of the company’s stock valued at $1,518,000 after acquiring an additional 1,198 shares during the period. International Assets Investment Management LLC purchased a new position in Fidelity Momentum Factor ETF during the 3rd quarter valued at $665,080,000. Finally, Rehmann Capital Advisory Group boosted its holdings in Fidelity Momentum Factor ETF by 4.8% during the 3rd quarter. Rehmann Capital Advisory Group now owns 17,588 shares of the company’s stock valued at $1,163,000 after acquiring an additional 804 shares during the period.

Fidelity Momentum Factor ETF Stock Up 0.6 %

FDMO opened at $73.61 on Tuesday. Fidelity Momentum Factor ETF has a 52-week low of $55.68 and a 52-week high of $74.10. The stock has a market cap of $239.23 million, a P/E ratio of 27.90 and a beta of 1.11. The business has a fifty day moving average of $71.69 and a 200 day moving average of $67.94.

Fidelity Momentum Factor ETF Profile

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.