Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.46 and traded as high as $28.25. Fidelity Fundamental Small-Mid Cap ETF shares last traded at $28.25, with a volume of 18,294 shares changing hands.

Fidelity Fundamental Small-Mid Cap ETF Stock Up 1.1 %

The stock’s 50-day moving average price is $27.68 and its 200 day moving average price is $26.48. The firm has a market capitalization of $74.10 million, a price-to-earnings ratio of 16.91 and a beta of 1.07.

Institutional Investors Weigh In On Fidelity Fundamental Small-Mid Cap ETF

A hedge fund recently bought a new stake in Fidelity Fundamental Small-Mid Cap ETF stock. Dentgroup LLC acquired a new stake in Fidelity Fundamental Small-Mid Cap ETF (BATS:FSMO) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,466 shares of the company’s stock, valued at approximately $894,000. Dentgroup LLC owned 1.39% of Fidelity Fundamental Small-Mid Cap ETF at the end of the most recent quarter.

Fidelity Fundamental Small-Mid Cap ETF Company Profile

The Fidelity Small-Mid Cap Opportunities ETF (FSMO) is an exchange-traded fund that is based on the Russell 2500 TR USD index. 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. FSMO was launched on Feb 2, 2021 and is managed by Fidelity.