Atria Wealth Solutions Inc. Raises Stock Position in Fidelity Enhanced Small Cap ETF $FESM

Atria Wealth Solutions Inc. increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 52.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 133,565 shares of the company’s stock after buying an additional 45,916 shares during the period. Atria Wealth Solutions Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $4,273,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 19.4% in the first quarter. Commonwealth Equity Services LLC now owns 1,991,298 shares of the company’s stock worth $58,703,000 after purchasing an additional 323,849 shares during the last quarter. LPL Financial LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 101.5% in the first quarter. LPL Financial LLC now owns 1,018,403 shares of the company’s stock worth $30,023,000 after purchasing an additional 513,009 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Enhanced Small Cap ETF by 37.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,005,788 shares of the company’s stock worth $29,651,000 after purchasing an additional 272,665 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the 1st quarter worth $13,531,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 92.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 404,777 shares of the company’s stock worth $11,933,000 after acquiring an additional 194,951 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of Fidelity Enhanced Small Cap ETF stock opened at $36.35 on Tuesday. The company’s fifty day simple moving average is $35.53 and its 200-day simple moving average is $32.24. The stock has a market capitalization of $2.58 billion, a PE ratio of 16.78 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 $37.34.

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.