3,253 Shares in Fidelity Momentum Factor ETF (NYSEARCA:FDMO) Purchased by Keystone Wealth Services LLC

Keystone Wealth Services LLC acquired a new stake in Fidelity Momentum Factor ETF (NYSEARCA:FDMO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,253 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors also recently modified their holdings of FDMO. IFP Advisors Inc bought a new stake in shares of Fidelity Momentum Factor ETF during the fourth quarter valued at approximately $51,000. Kestra Investment Management LLC acquired a new position in Fidelity Momentum Factor ETF during the 4th quarter worth $155,000. Capital Investment Counsel Inc bought a new position in Fidelity Momentum Factor ETF in the 4th quarter valued at $164,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity Momentum Factor ETF in the 3rd quarter valued at $290,000. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Fidelity Momentum Factor ETF during the fourth quarter worth $351,000.

Fidelity Momentum Factor ETF Stock Down 2.6 %

Shares of FDMO opened at $68.38 on Tuesday. The stock’s fifty day simple moving average is $71.74 and its 200-day simple moving average is $69.15. The firm has a market capitalization of $502.59 million, a PE ratio of 26.93 and a beta of 1.01. Fidelity Momentum Factor ETF has a 12-month low of $56.22 and a 12-month high of $74.53.

Fidelity Momentum Factor ETF Profile

The Fidelity Momentum Factor ETF (FDMO) is an exchange-traded fund that is based on the Fidelity U.S. Momentum Factor index. The fund tracks an index large-cap US stocks selected for positive momentum signals. FDMO was launched on Sep 12, 2016 and is managed by Fidelity.