Advisory Services Network LLC Has $1.91 Million Position in Fidelity Momentum Factor ETF (FDMO)

Advisory Services Network LLC lessened its position in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 22.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,105 shares of the company’s stock after selling 15,755 shares during the period. Advisory Services Network LLC owned 1.75% of Fidelity Momentum Factor ETF worth $1,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in FDMO. Commonwealth Equity Services LLC bought a new position in Fidelity Momentum Factor ETF during the second quarter worth $1,515,000. Global Financial Private Capital LLC bought a new position in Fidelity Momentum Factor ETF during the second quarter worth $494,000. Sunbelt Securities Inc. bought a new position in Fidelity Momentum Factor ETF during the second quarter worth $211,000. Lincoln National Corp bought a new position in Fidelity Momentum Factor ETF during the second quarter worth $1,410,000. Finally, Citadel Advisors LLC bought a new position in Fidelity Momentum Factor ETF during the second quarter worth $652,000.

NYSEARCA:FDMO opened at $32.72 on Wednesday. Fidelity Momentum Factor ETF has a 12 month low of $29.81 and a 12 month high of $35.68.

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Institutional Ownership by Quarter for Fidelity Momentum Factor ETF (NYSEARCA:FDMO)

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