Fifth Third Bancorp bought a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,784,388 shares of the company’s stock, valued at approximately $105,807,000. Fifth Third Bancorp owned 2.49% of Fidelity Enhanced Small Cap ETF as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at $66,000. Harbor Asset Planning Inc. increased its holdings in Fidelity Enhanced Small Cap ETF by 18.1% during the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after purchasing an additional 299 shares during the period. PNC Financial Services Group Inc. acquired a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $83,000. IFP Advisors Inc purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the 4th quarter valued at about $85,000. Finally, Piscataqua Savings Bank acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter worth about $94,000.
Fidelity Enhanced Small Cap ETF Trading Down 0.5%
NYSEARCA:FESM traded down $0.25 during mid-day trading on Friday, hitting $47.53. The stock had a trading volume of 2,183,285 shares, compared to its average volume of 705,421. The stock has a 50-day simple moving average of $45.76 and a two-hundred day simple moving average of $41.78. The company has a market capitalization of $5.88 billion, a PE ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.72 and a twelve month high of $48.62.
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.
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