HBW Advisory Services LLC Invests $559,000 in Fidelity Enhanced Small Cap ETF $FESM

HBW Advisory Services LLC acquired a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESMFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,716 shares of the company’s stock, valued at approximately $559,000.

Several other large investors have also recently added to or reduced their stakes in FESM. DecisionMap Wealth Management LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $1,398,000. American National Bank of Texas purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter worth approximately $6,226,000. Focus Financial Network Inc. acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $2,301,000. World Investment Advisors acquired a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $532,000. Finally, Mayfair Advisory Group LLC grew its stake in shares of Fidelity Enhanced Small Cap ETF by 37.8% during the 4th quarter. Mayfair Advisory Group LLC now owns 207,504 shares of the company’s stock valued at $7,898,000 after buying an additional 56,941 shares during the period.

Fidelity Enhanced Small Cap ETF Trading Up 0.5%

Shares of FESM opened at $47.56 on Thursday. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.72 and a twelve month high of $48.62. The firm has a market capitalization of $5.84 billion, a P/E ratio of 16.78 and a beta of 1.29. The stock’s fifty day simple moving average is $45.94 and its 200 day simple moving average is $41.99.

Fidelity Enhanced Small Cap ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

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