Integrated Capital Management LLC Buys Shares of 117,289 Fidelity Enhanced Small Cap ETF $FESM

Integrated Capital Management LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 117,289 shares of the company’s stock, valued at approximately $4,457,000. Fidelity Enhanced Small Cap ETF accounts for 1.9% of Integrated Capital Management LLC’s holdings, making the stock its 12th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Johnson Financial Group Inc. bought a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at approximately $66,000. Harbor Asset Planning Inc. increased its holdings in Fidelity Enhanced Small Cap ETF by 18.1% during the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after acquiring an additional 299 shares during the period. PNC Financial Services Group Inc. purchased a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth approximately $83,000. IFP Advisors Inc purchased a new stake in Fidelity Enhanced Small Cap ETF in the 4th quarter worth approximately $85,000. Finally, Piscataqua Savings Bank bought a new position in Fidelity Enhanced Small Cap ETF in the 4th quarter valued at $94,000.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of NYSEARCA:FESM opened at $46.84 on Wednesday. The firm has a fifty day moving average price of $44.33 and a two-hundred day moving average price of $40.96. The company has a market cap of $5.27 billion, a price-to-earnings ratio of 16.78 and a beta of 1.35. Fidelity Enhanced Small Cap ETF has a one year low of $31.24 and a one year high of $47.42.

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.