Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Stock Position Increased by Fmr LLC

Fmr LLC raised its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 344.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,310,807 shares of the company’s stock after purchasing an additional 6,440,359 shares during the period. Fmr LLC owned 0.43% of Fidelity Enhanced Small Cap ETF worth $267,400,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PFG Investments LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at about $239,000. FMA Wealth Management LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at about $2,774,000. Harbour Investments Inc. raised its position in shares of Fidelity Enhanced Small Cap ETF by 1,690.6% during the 3rd quarter. Harbour Investments Inc. now owns 19,159 shares of the company’s stock worth $616,000 after buying an additional 18,089 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 846.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 205,988 shares of the company’s stock worth $5,993,000 after acquiring an additional 184,214 shares during the period. Finally, OmniStar Financial Group Inc. boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 10.2% in the third quarter. OmniStar Financial Group Inc. now owns 14,760 shares of the company’s stock valued at $476,000 after acquiring an additional 1,361 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $35.68 on Monday. The firm has a market capitalization of $696.47 million, a PE ratio of 16.61 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 12 month low of $24.70 and a 12 month high of $36.13. The company’s 50 day simple moving average is $33.13 and its 200 day simple moving average is $31.20.

Fidelity Enhanced Small Cap ETF Profile

The Fidelity Enhanced Small Cap ETF (FESM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index. FESM was launched on Dec 20, 2007 and is issued by Fidelity.