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The Fidelity Momentum Factor ETF (Symbol: FDMO) experienced a week-over-week outflow of approximately $84.4 million, marking a 12.7% decrease in shares outstanding, from 7,900,000 to 6,900,000. This change occurred recently, highlighting a significant reduction in investor interest.
As of the last trade, FDMO’s share price was $84.43, compared to its 52-week low of $55.4066 and high of $85.97. The ETF’s price performance can also be analyzed against its 200-day moving average for further insights.
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