RCS Financial Planning LLC Purchases Shares of 8,890 Fidelity Momentum Factor ETF $FDMO

RCS Financial Planning LLC acquired a new position in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,890 shares of the company’s stock, valued at approximately $712,000. RCS Financial Planning LLC owned approximately 0.10% of Fidelity Momentum Factor ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of Fidelity Momentum Factor ETF by 87.3% in the fourth quarter. LPL Financial LLC now owns 106,798 shares of the company’s stock valued at $8,967,000 after purchasing an additional 49,790 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Fidelity Momentum Factor ETF by 373.9% during the second quarter. NewEdge Advisors LLC now owns 58,485 shares of the company’s stock worth $4,437,000 after purchasing an additional 46,144 shares during the last quarter. Jane Street Group LLC bought a new position in Fidelity Momentum Factor ETF in the first quarter valued at $2,329,000. Goldman Sachs Group Inc. increased its stake in Fidelity Momentum Factor ETF by 827.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,935 shares of the company’s stock valued at $2,273,000 after buying an additional 31,170 shares during the last quarter. Finally, Elevation Capital Advisory LLC increased its stake in Fidelity Momentum Factor ETF by 125.4% in the 4th quarter. Elevation Capital Advisory LLC now owns 52,354 shares of the company’s stock valued at $4,396,000 after buying an additional 29,127 shares during the last quarter.

Fidelity Momentum Factor ETF Stock Up 1.5%

FDMO stock opened at $96.80 on Friday. The company has a market cap of $900.24 million, a price-to-earnings ratio of 28.38 and a beta of 1.05. Fidelity Momentum Factor ETF has a twelve month low of $74.59 and a twelve month high of $98.86. The business has a 50 day moving average price of $93.33 and a two-hundred day moving average price of $87.35.

Fidelity Momentum Factor ETF Company 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.