Cetera Investment Advisers Grows Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Cetera Investment Advisers raised its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 46.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,962,108 shares of the company’s stock after acquiring an additional 625,917 shares during the period. Cetera Investment Advisers owned 1.74% of Fidelity Enhanced Small Cap ETF worth $74,560,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. LPL Financial LLC grew its position 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 valued at $161,940,000 after purchasing an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Fidelity Enhanced Small Cap ETF by 30.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after buying an additional 749,061 shares during the period. Fifth Third Bancorp acquired a new stake in Fidelity Enhanced Small Cap ETF in the 1st quarter worth about $105,807,000. Commonwealth Equity Services LLC boosted its stake in Fidelity Enhanced Small Cap ETF by 39.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock worth $84,073,000 after buying an additional 624,608 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Fidelity Enhanced Small Cap ETF by 39,683.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $46.78 on Friday. Fidelity Enhanced Small Cap ETF has a 12 month low of $31.72 and a 12 month high of $48.62. The company has a 50-day moving average of $46.28 and a 200-day moving average of $42.37. The company has a market cap of $5.94 billion, a P/E ratio of 16.78 and a beta of 1.29.

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.