175,890 Fidelity Momentum Factor ETF $FDMO Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its position in Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 78.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 49,024 shares of the company’s stock after selling 175,890 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Momentum Factor ETF were worth $4,657,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC bought a new stake in Fidelity Momentum Factor ETF in the 3rd quarter valued at $6,712,000. MGO One Seven LLC bought a new stake in shares of Fidelity Momentum Factor ETF during the third quarter worth approximately $7,339,000. Latitude Advisors LLC acquired a new position in shares of Fidelity Momentum Factor ETF in the third quarter valued at approximately $54,000. Curry Webb Wealth Management LLC bought a new position in shares of Fidelity Momentum Factor ETF during the third quarter worth approximately $145,000. Finally, Fifth Third Securities Inc. acquired a new stake in Fidelity Momentum Factor ETF during the 3rd quarter worth approximately $1,294,000.

Fidelity Momentum Factor ETF Stock Performance

FDMO opened at $89.01 on Friday. The stock has a fifty day moving average of $93.09 and a 200-day moving average of $90.87. The company has a market capitalization of $809.99 million, a P/E ratio of 21.45 and a beta of 1.06. Fidelity Momentum Factor ETF has a fifty-two week low of $76.63 and a fifty-two week high of $98.87.

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.