Kestra Private Wealth Services LLC Increases Holdings in Fidelity Enhanced Small Cap ETF $FESM

Kestra Private Wealth Services LLC lifted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 42.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,989 shares of the company’s stock after acquiring an additional 13,799 shares during the period. Kestra Private Wealth Services LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,748,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FESM. LPL Financial LLC raised its stake in Fidelity Enhanced Small Cap ETF by 66.6% during the 4th quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock valued at $161,940,000 after purchasing an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Fidelity Enhanced Small Cap ETF by 30.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after purchasing an additional 749,061 shares during the period. Commonwealth Equity Services LLC grew its holdings in Fidelity Enhanced Small Cap ETF by 39.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock valued at $84,073,000 after buying an additional 624,608 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Fidelity Enhanced Small Cap ETF by 39,683.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares in the last quarter. Finally, Tableaux LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $68,706,000.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $47.86 on Tuesday. Fidelity Enhanced Small Cap ETF has a 1 year low of $31.72 and a 1 year high of $48.04. The firm’s 50 day moving average price is $44.85 and its 200-day moving average price is $41.22. The stock has a market cap of $5.38 billion, a P/E ratio of 16.78 and a beta of 1.35.

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.