Cambridge Investment Research Advisors Inc. Acquires 748 Shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO)

Cambridge Investment Research Advisors Inc. grew its holdings in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 5.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,754 shares of the company’s stock after buying an additional 748 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity Momentum Factor ETF were worth $533,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its position in shares of Fidelity Momentum Factor ETF by 47,554.0% during the 4th quarter. Bank of America Corp DE now owns 119,135 shares of the company’s stock valued at $3,532,000 after buying an additional 118,885 shares in the last quarter. Lincoln National Corp raised its position in shares of Fidelity Momentum Factor ETF by 41.0% during the 4th quarter. Lincoln National Corp now owns 57,196 shares of the company’s stock valued at $1,696,000 after buying an additional 16,636 shares in the last quarter. LVZ Advisors Inc. purchased a new stake in shares of Fidelity Momentum Factor ETF during the 1st quarter valued at about $1,235,000. LPL Financial LLC raised its position in shares of Fidelity Momentum Factor ETF by 161.9% during the 4th quarter. LPL Financial LLC now owns 35,292 shares of the company’s stock valued at $1,046,000 after buying an additional 21,815 shares in the last quarter. Finally, Prospera Financial Services Inc raised its position in shares of Fidelity Momentum Factor ETF by 15.6% during the 1st quarter. Prospera Financial Services Inc now owns 27,461 shares of the company’s stock valued at $930,000 after buying an additional 3,706 shares in the last quarter.

Shares of NYSEARCA FDMO opened at $35.32 on Friday. Fidelity Momentum Factor ETF has a 12-month low of $27.71 and a 12-month high of $35.68.

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Further Reading: Cost of Equity For A Business, Investors

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

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