Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Shares Cross Above 200 Day Moving Average – Time to Sell?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $26.49 and traded as high as $29.71. Fidelity Fundamental Small-Mid Cap ETF shares last traded at $29.51, with a volume of 23,301 shares traded.

Fidelity Fundamental Small-Mid Cap ETF Trading Up 1.5 %

The business has a fifty day moving average of $27.69 and a 200-day moving average of $26.49. The firm has a market cap of $76.14 million, a PE ratio of 16.91 and a beta of 1.08.

Institutional Inflows and Outflows

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

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.