Dahring Cusmano LLC Makes New $1.79 Million Investment in Fidelity Fundamental Small-Mid Cap ETF $FFSM

Dahring Cusmano LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 55,908 shares of the company’s stock, valued at approximately $1,786,000. Fidelity Fundamental Small-Mid Cap ETF accounts for about 1.1% of Dahring Cusmano LLC’s portfolio, making the stock its 23rd largest holding. Dahring Cusmano LLC owned 0.22% of Fidelity Fundamental Small-Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Elyxium Wealth LLC acquired a new position in Fidelity Fundamental Small-Mid Cap ETF in the 4th quarter valued at about $31,000. AdvisorNet Financial Inc increased its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 1,185.9% during the first quarter. AdvisorNet Financial Inc now owns 1,736 shares of the company’s stock valued at $55,000 after acquiring an additional 1,601 shares during the last quarter. Geneos Wealth Management Inc. acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF in the 2nd quarter valued at approximately $101,000. Fifth Third Bancorp purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the first quarter worth $218,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Fidelity Fundamental Small-Mid Cap ETF by 10,088.7% during the fourth quarter. Farther Finance Advisors LLC now owns 7,234 shares of the company’s stock worth $222,000 after buying an additional 7,163 shares during the period.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 0.2%

Shares of BATS FFSM opened at $36.87 on Friday. The stock has a market capitalization of $940.18 million, a PE ratio of 16.79 and a beta of 1.09. Fidelity Fundamental Small-Mid Cap ETF has a twelve month low of $26.83 and a twelve month high of $38.42. The stock has a fifty day simple moving average of $36.55 and a 200-day simple moving average of $34.35.

Fidelity Fundamental Small-Mid Cap ETF 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.