Fidelity Enhanced Small Cap ETF $FESM Shares Purchased by Croban

Croban boosted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 7.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 39,337 shares of the company’s stock after buying an additional 2,819 shares during the period. Croban’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,258,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Lynch & Associates IN raised its holdings in Fidelity Enhanced Small Cap ETF by 3.4% in the second quarter. Lynch & Associates IN now owns 15,504 shares of the company’s stock valued at $496,000 after acquiring an additional 507 shares in the last quarter. Madison Wealth Partners Inc raised its holdings in Fidelity Enhanced Small Cap ETF by 7.1% in the first quarter. Madison Wealth Partners Inc now owns 12,285 shares of the company’s stock valued at $362,000 after acquiring an additional 812 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the second quarter valued at $31,000. Farther Finance Advisors LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the second quarter valued at $36,000. Finally, Financial Perspectives Inc raised its holdings in Fidelity Enhanced Small Cap ETF by 12.3% in the first quarter. Financial Perspectives Inc now owns 13,315 shares of the company’s stock valued at $393,000 after acquiring an additional 1,461 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

FESM opened at $35.50 on Friday. The stock has a market capitalization of $2.44 billion, a PE ratio of 16.78 and a beta of 1.22. The firm’s fifty day moving average price is $35.46 and its 200 day moving average price is $32.17. Fidelity Enhanced Small Cap ETF has a 12-month low of $25.19 and a 12-month high of $37.34.

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.