Pathfinder Wealth Consulting Inc. Takes Position in Fidelity Enhanced Small Cap ETF $FESM

Pathfinder Wealth Consulting Inc. purchased a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the fourth quarter, HoldingsChannel reports. The firm purchased 38,921 shares of the company’s stock, valued at approximately $1,470,000. Fidelity Enhanced Small Cap ETF makes up approximately 0.9% of Pathfinder Wealth Consulting Inc.’s investment portfolio, making the stock its 27th largest position.

A number of other hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC increased its position in shares of Fidelity Enhanced Small Cap ETF by 1.7% in the fourth quarter. Global Retirement Partners LLC now owns 137,069 shares of the company’s stock valued at $5,178,000 after buying an additional 2,270 shares in the last quarter. IFP Advisors Inc purchased a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $85,000. Cullen Frost Bankers Inc. increased its position in Fidelity Enhanced Small Cap ETF by 62.3% during the 4th quarter. Cullen Frost Bankers Inc. now owns 9,938 shares of the company’s stock worth $375,000 after purchasing an additional 3,816 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth about $83,000. Finally, HighTower Advisors LLC increased its position in Fidelity Enhanced Small Cap ETF by 54.3% during the 4th quarter. HighTower Advisors LLC now owns 30,126 shares of the company’s stock worth $1,138,000 after purchasing an additional 10,596 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Trading Up 0.9%

Fidelity Enhanced Small Cap ETF stock opened at $44.81 on Friday. The stock has a market cap of $5.04 billion, a PE ratio of 16.78 and a beta of 1.37. The stock has a 50-day moving average price of $41.03 and a 200 day moving average price of $39.55. Fidelity Enhanced Small Cap ETF has a 52 week low of $29.70 and a 52 week high of $45.14.

Fidelity Enhanced Small Cap ETF Company 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.