First Heartland Consultants Inc. Grows Stake in Fidelity Enhanced Small Cap ETF $FESM

First Heartland Consultants Inc. increased its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 28.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 147,535 shares of the company’s stock after purchasing an additional 32,646 shares during the period. First Heartland Consultants Inc. owned 0.17% of Fidelity Enhanced Small Cap ETF worth $5,574,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in Fidelity Enhanced Small Cap ETF by 44.1% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,481,901 shares of the company’s stock worth $90,738,000 after buying an additional 759,702 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the third quarter valued at approximately $51,358,000. Calamos Wealth Management LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the third quarter valued at approximately $33,876,000. TruWealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter valued at approximately $34,145,000. Finally, Wellington Management Group LLP acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter worth approximately $15,570,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM opened at $37.86 on Tuesday. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $41.28. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 16.78 and a beta of 1.48. The stock has a 50 day moving average price of $39.61 and a 200 day moving average price of $38.09.

About Fidelity Enhanced Small Cap ETF

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.