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Fidelity Momentum Factor ETF
FDMOFinancial ServicesAMEXUS
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Physics tells us that something in motion stays in motion. With a month-to-date gain of 7.4% for momentum, according to data from S&P Global, other style-box factors essentially got out of momentum's way.
Could now be the time for factor investing to thrive? Most investors already have significant exposures to market leading tech stocks which dominate overall performance.
Elevation Capital Advisory LLC grew its stake in shares of Fidelity Momentum Factor ETF (NYSEARCA:FDMO) by 125.4% during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,354 shares of the company's stock after acquiring an additional 29,127
