Harbour Investments Inc. Purchases 18,089 Shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Harbour Investments Inc. lifted its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 1,690.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,159 shares of the company’s stock after buying an additional 18,089 shares during the period. Harbour Investments Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $616,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FESM. Janney Montgomery Scott LLC raised its holdings in Fidelity Enhanced Small Cap ETF by 20.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 13,897 shares of the company’s stock worth $418,000 after acquiring an additional 2,316 shares during the last quarter. Keystone Wealth Services LLC raised its stake in shares of Fidelity Enhanced Small Cap ETF by 13.6% in the second quarter. Keystone Wealth Services LLC now owns 42,857 shares of the company’s stock worth $1,247,000 after purchasing an additional 5,141 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 103.3% during the second quarter. Commonwealth Equity Services LLC now owns 612,902 shares of the company’s stock valued at $17,832,000 after purchasing an additional 311,352 shares in the last quarter. PFG Investments LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at $239,000. Finally, Envestnet Asset Management Inc. increased its holdings in Fidelity Enhanced Small Cap ETF by 846.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 205,988 shares of the company’s stock worth $5,993,000 after buying an additional 184,214 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of NYSEARCA:FESM opened at $33.72 on Friday. The firm has a market cap of $658.21 million, a price-to-earnings ratio of 16.61 and a beta of 1.22. The business has a 50-day simple moving average of $32.32 and a two-hundred day simple moving average of $30.73. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $24.58 and a fifty-two week high of $35.67.

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.