Carolina Wealth Advisors LLC Makes New $31,000 Investment in Fidelity Enhanced Small Cap ETF $FESM

Carolina Wealth Advisors LLC purchased a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 965 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Berger Financial Group Inc grew its position in shares of Fidelity Enhanced Small Cap ETF by 1.7% during the second quarter. Berger Financial Group Inc now owns 203,663 shares of the company’s stock worth $6,515,000 after buying an additional 3,326 shares in the last quarter. BridgePort Financial Solutions LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $240,000. Ameritas Advisory Services LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at approximately $77,000. Greenwood Capital Associates LLC raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 20.0% in the 2nd quarter. Greenwood Capital Associates LLC now owns 34,969 shares of the company’s stock valued at $1,119,000 after purchasing an additional 5,820 shares in the last quarter. Finally, Parkside Investments LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter worth $3,886,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.6%

Shares of FESM stock opened at $36.93 on Friday. The company has a market cap of $2.53 billion, a P/E ratio of 16.78 and a beta of 1.22. The firm has a fifty day moving average price of $35.09 and a 200 day moving average price of $31.97. Fidelity Enhanced Small Cap ETF has a 12 month low of $25.19 and a 12 month high of $37.33.

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.