Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Lincoln Capital Corp

Lincoln Capital Corp lifted its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 15.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,654 shares of the company’s stock after purchasing an additional 13,978 shares during the period. Fidelity Enhanced Small Cap ETF makes up about 1.4% of Lincoln Capital Corp’s holdings, making the stock its 24th biggest position. Lincoln Capital Corp owned 0.10% of Fidelity Enhanced Small Cap ETF worth $3,939,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. JPMorgan Chase & Co. boosted its position in shares of Fidelity Enhanced Small Cap ETF by 39,683.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after purchasing an additional 1,841,299 shares during the period. Tableaux LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter worth about $68,706,000. Dynasty Wealth Management LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $67,286,000. Quotient Wealth Partners LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $66,765,000. Finally, LPL Financial LLC raised its holdings 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 worth $161,940,000 after buying an additional 1,713,064 shares during the period.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM stock opened at $46.77 on Monday. Fidelity Enhanced Small Cap ETF has a one year low of $30.37 and a one year high of $47.11. The firm has a market capitalization of $5.26 billion, a PE ratio of 16.78 and a beta of 1.35. The firm has a 50-day moving average of $44.05 and a two-hundred day moving average of $40.83.

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.