Atria Wealth Solutions Inc. Buys 3,181 Shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO)

Atria Wealth Solutions Inc. raised its holdings in Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 21.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 17,749 shares of the company’s stock after acquiring an additional 3,181 shares during the quarter. Atria Wealth Solutions Inc. owned approximately 0.55% of Fidelity Momentum Factor ETF worth $1,236,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC acquired a new position in Fidelity Momentum Factor ETF during the 3rd quarter worth approximately $290,000. Foundations Investment Advisors LLC bought a new position in shares of Fidelity Momentum Factor ETF in the fourth quarter worth $351,000. JPMorgan Chase & Co. raised its position in shares of Fidelity Momentum Factor ETF by 6.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,665 shares of the company’s stock valued at $772,000 after buying an additional 725 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in Fidelity Momentum Factor ETF by 4.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 17,588 shares of the company’s stock worth $1,163,000 after buying an additional 804 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in shares of Fidelity Momentum Factor ETF by 5.5% during the third quarter. Rockefeller Capital Management L.P. now owns 22,972 shares of the company’s stock valued at $1,518,000 after buying an additional 1,198 shares during the last quarter.

Fidelity Momentum Factor ETF Trading Down 2.6 %

Shares of NYSEARCA:FDMO opened at $71.37 on Monday. The company has a 50-day moving average price of $71.92 and a 200-day moving average price of $68.75. Fidelity Momentum Factor ETF has a 12 month low of $56.22 and a 12 month high of $74.53. The company has a market cap of $231.95 million, a price-to-earnings ratio of 27.90 and a beta of 1.11.

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.