Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $26.78 and traded as high as $28.79. Fidelity Fundamental Small-Mid Cap ETF shares last traded at $28.70, with a volume of 25,712 shares traded.

Fidelity Fundamental Small-Mid Cap ETF Stock Down 0.6 %

The firm has a market capitalization of $73.14 million, a P/E ratio of 16.91 and a beta of 1.08. The business’s 50-day simple moving average is $28.22 and its 200 day simple moving average is $26.81.

Hedge Funds Weigh In On Fidelity Fundamental Small-Mid Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in FFSM. National Bank of Canada FI purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF during the third quarter valued at about $137,000. Harbour Investments Inc. bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF in the 3rd quarter valued at about $593,000. San Luis Wealth Advisors LLC purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at about $5,297,000. Finally, Evernest Financial Advisors LLC bought a new position in Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth approximately $7,146,000.

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.