Fidelity Enhanced Small Cap ETF $FESM Shares Purchased by Salus Financial Advisors LLC

Salus Financial Advisors LLC raised its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 12.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,262 shares of the company’s stock after purchasing an additional 21,052 shares during the quarter. Fidelity Enhanced Small Cap ETF comprises about 4.2% of Salus Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Salus Financial Advisors LLC owned 0.32% of Fidelity Enhanced Small Cap ETF worth $6,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of FESM. LPL Financial LLC grew its stake in shares of 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 valued at $30,023,000 after buying an additional 513,009 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the 1st quarter worth approximately $13,531,000. Little House Capital LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the 1st quarter worth approximately $10,565,000. Commonwealth Equity Services LLC boosted its holdings in Fidelity Enhanced Small Cap ETF by 19.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,991,298 shares of the company’s stock worth $58,703,000 after acquiring an additional 323,849 shares during the period. Finally, Sagespring Wealth Partners LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $9,526,000.

Fidelity Enhanced Small Cap ETF Stock Down 0.6%

FESM opened at $36.52 on Monday. The firm’s 50 day moving average is $35.83 and its 200-day moving average is $32.46. Fidelity Enhanced Small Cap ETF has a 52-week low of $25.19 and a 52-week high of $37.58. The firm has a market capitalization of $2.74 billion, a P/E ratio of 16.78 and a beta of 1.22.

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.