Evernest Financial Advisors LLC Grows Stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)

Evernest Financial Advisors LLC raised its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) by 36.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 354,974 shares of the company’s stock after buying an additional 94,559 shares during the quarter. Fidelity Fundamental Small-Mid Cap ETF comprises about 2.5% of Evernest Financial Advisors LLC’s holdings, making the stock its 12th largest position. Evernest Financial Advisors LLC owned 13.76% of Fidelity Fundamental Small-Mid Cap ETF worth $9,542,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. MFA Wealth Services bought a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the 4th quarter worth $454,000. Sax Wealth Advisors LLC bought a new stake in Fidelity Fundamental Small-Mid Cap ETF during the fourth quarter worth about $1,445,000. Dentgroup LLC boosted its holdings in shares of Fidelity Fundamental Small-Mid Cap ETF by 3.0% in 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. SK Wealth Management LLC bought a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter valued at about $2,254,000. Finally, JPMorgan Chase & Co. increased its position 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 purchasing an additional 10,198 shares during the last quarter.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 4.3 %

BATS:FFSM opened at $28.56 on Friday. The company has a market cap of $73.68 million, a P/E ratio of 16.91 and a beta of 1.08. The stock has a fifty day moving average price of $28.05 and a 200 day moving average price of $27.36.

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.