Barnes Pettey Financial Advisors LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 13,469 shares of the company’s stock, valued at approximately $512,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. DecisionMap Wealth Management LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter worth $1,398,000. American National Bank of Texas bought a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $6,226,000. Focus Financial Network Inc. acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $2,301,000. World Investment Advisors acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $532,000. Finally, First Heartland Consultants Inc. raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 28.4% in the 4th quarter. First Heartland Consultants Inc. now owns 147,535 shares of the company’s stock valued at $5,574,000 after purchasing an additional 32,646 shares during the period.
Fidelity Enhanced Small Cap ETF Stock Performance
Shares of FESM stock opened at $48.12 on Thursday. The firm’s 50-day moving average is $45.07 and its 200-day moving average is $41.35. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a 52-week low of $31.72 and a 52-week high of $48.62.
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.
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