Kestra Advisory Services LLC Purchases 260,127 Shares of Fidelity Enhanced Small Cap ETF $FESM

Kestra Advisory Services LLC increased its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 57.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 712,371 shares of the company’s stock after purchasing an additional 260,127 shares during the period. Kestra Advisory Services LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $27,070,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FESM. LPL Financial LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 66.6% in the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after buying an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity Enhanced Small Cap ETF by 30.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after purchasing an additional 749,061 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 39.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock worth $84,073,000 after purchasing an additional 624,608 shares during the period. JPMorgan Chase & Co. raised its position in Fidelity Enhanced Small Cap ETF by 39,683.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after purchasing an additional 1,841,299 shares in the last quarter. Finally, Tableaux LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at $68,706,000.

Fidelity Enhanced Small Cap ETF Trading Down 0.5%

Shares of FESM traded down $0.25 during midday trading on Friday, reaching $47.53. 2,183,285 shares of the stock were exchanged, compared to its average volume of 705,421. The company has a market capitalization of $5.73 billion, a P/E ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a 52 week low of $31.72 and a 52 week high of $48.62. The company’s 50 day moving average is $45.76 and its two-hundred day moving average is $41.78.

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.