Founders Financial Alliance LLC boosted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 35.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 102,106 shares of the company’s stock after acquiring an additional 26,903 shares during the period. Founders Financial Alliance LLC owned about 0.11% of Fidelity Enhanced Small Cap ETF worth $3,858,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FESM. JPMorgan Chase & Co. lifted its position in Fidelity Enhanced Small Cap ETF by 39,683.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after acquiring an additional 1,841,299 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $67,286,000. Quotient Wealth Partners LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $66,765,000. LPL Financial LLC lifted its position in Fidelity Enhanced Small Cap ETF by 66.6% in the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock valued at $161,940,000 after acquiring an additional 1,713,064 shares during the last quarter. Finally, TruWealth Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $34,145,000.
Fidelity Enhanced Small Cap ETF Price Performance
Shares of FESM opened at $45.87 on Friday. Fidelity Enhanced Small Cap ETF has a 1-year low of $30.37 and a 1-year high of $45.94. The stock has a market cap of $5.16 billion, a PE ratio of 16.78 and a beta of 1.35. The firm has a fifty day moving average price of $43.13 and a 200 day moving average price of $40.45.
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.
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