Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM) Stock Passes Above 200-Day Moving Average – Here’s Why

Fidelity Fundamental Small-Mid Cap ETF (BATS:FFSM)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $26.66 and traded as high as $29.29. Fidelity Fundamental Small-Mid Cap ETF shares last traded at $29.26, with a volume of 10,760 shares.

Fidelity Fundamental Small-Mid Cap ETF Price Performance

The company has a market cap of $75.45 million, a PE ratio of 16.91 and a beta of 1.08. The company has a fifty day moving average price of $27.98 and a 200 day moving average price of $26.66.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. National Bank of Canada FI acquired a new stake in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth approximately $137,000. Harbour Investments Inc. purchased a new stake in Fidelity Fundamental Small-Mid Cap ETF in the third quarter valued at $593,000. San Luis Wealth Advisors LLC acquired a new position in shares of Fidelity Fundamental Small-Mid Cap ETF in the 3rd quarter valued at $5,297,000. Finally, Evernest Financial Advisors LLC purchased a new position in shares of Fidelity Fundamental Small-Mid Cap ETF during the 3rd quarter worth $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.