Fmr LLC Raises Stock Holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Fmr LLC raised its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 45.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,099,573 shares of the company’s stock after buying an additional 3,788,766 shares during the quarter. Fmr LLC owned about 0.62% of Fidelity Enhanced Small Cap ETF worth $391,421,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Principal Securities Inc. raised its stake in Fidelity Enhanced Small Cap ETF by 208.7% during the fourth quarter. Principal Securities Inc. now owns 1,627 shares of the company’s stock valued at $53,000 after buying an additional 1,100 shares during the last quarter. Private Trust Co. NA bought a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth approximately $71,000. AdvisorNet Financial Inc lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 471.8% in the fourth quarter. AdvisorNet Financial Inc now owns 2,213 shares of the company’s stock worth $72,000 after buying an additional 1,826 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $201,000. Finally, Cornerstone Wealth Management LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $210,000.

Fidelity Enhanced Small Cap ETF Price Performance

FESM stock opened at $26.99 on Friday. The stock has a market capitalization of $1.51 billion, a P/E ratio of 14.52 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 1-year low of $25.19 and a 1-year high of $36.13. The business has a fifty day moving average price of $30.68 and a 200-day moving average price of $32.42.

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.