Fmr LLC Raises Holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Fmr LLC increased its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 344.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,310,807 shares of the company’s stock after purchasing an additional 6,440,359 shares during the period. Fmr LLC owned 42.58% of Fidelity Enhanced Small Cap ETF worth $267,400,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FESM. PFG Investments LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth $239,000. Brighton Jones LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the third quarter worth about $263,000. OmniStar Financial Group Inc. grew its holdings in shares of Fidelity Enhanced Small Cap ETF by 10.2% during the third quarter. OmniStar Financial Group Inc. now owns 14,760 shares of the company’s stock worth $476,000 after buying an additional 1,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Fidelity Enhanced Small Cap ETF by 436.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,423 shares of the company’s stock valued at $478,000 after acquiring an additional 13,361 shares during the period. Finally, Geneva Partners LLC purchased a new stake in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at approximately $604,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.5 %

Shares of FESM stock opened at $35.68 on Monday. The company has a market capitalization of $696.47 million, a P/E ratio of 16.61 and a beta of 1.22. The business’s 50 day moving average is $33.13 and its two-hundred day moving average is $31.20. Fidelity Enhanced Small Cap ETF has a twelve month low of $24.70 and a twelve month high of $36.13.

About Fidelity Enhanced Small Cap ETF

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.