Janney Montgomery Scott LLC Buys 34,738 Shares of Fidelity Enhanced Small Cap ETF $FESM

Janney Montgomery Scott LLC boosted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 265.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,818 shares of the company’s stock after buying an additional 34,738 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,817,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of 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 in the last quarter. Tableaux LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $68,706,000. Dynasty Wealth Management LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the fourth quarter worth $67,286,000. Quotient Wealth Partners LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter worth $66,765,000. Finally, LPL Financial LLC boosted 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 worth $161,940,000 after purchasing an additional 1,713,064 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $47.78 on Friday. The business’s fifty day moving average is $45.66 and its 200-day moving average is $41.74. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a one year low of $31.72 and a one year 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.