Sunbelt Securities Inc. Has $454,000 Position in Fidelity Enhanced Small Cap ETF $FESM

Sunbelt Securities Inc. lessened its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 55.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,953 shares of the company’s stock after selling 14,906 shares during the period. Sunbelt Securities Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $454,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Johnson Financial Group Inc. bought a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at about $66,000. Harbor Asset Planning Inc. lifted its position in shares of Fidelity Enhanced Small Cap ETF by 18.1% in 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. acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $83,000. IFP Advisors Inc acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $85,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 3rd quarter worth approximately $155,000.

Fidelity Enhanced Small Cap ETF Trading Down 0.4%

FESM opened at $46.63 on Friday. The stock’s 50 day simple moving average is $46.64 and its 200-day simple moving average is $42.67. The stock has a market cap of $5.95 billion, a PE ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a 1 year low of $31.72 and a 1 year high of $48.62.

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.