PKS Advisory Services LLC Has $1.53 Million Stock Position in Fidelity Enhanced Small Cap ETF $FESM

PKS Advisory Services LLC lessened its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 14.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,822 shares of the company’s stock after selling 7,951 shares during the quarter. PKS Advisory Services LLC owned approximately 0.08% of Fidelity Enhanced Small Cap ETF worth $1,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. TD Waterhouse Canada Inc. raised its position in Fidelity Enhanced Small Cap ETF by 89.2% during the second quarter. TD Waterhouse Canada Inc. now owns 40,146 shares of the company’s stock worth $1,293,000 after acquiring an additional 18,925 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Fidelity Enhanced Small Cap ETF by 153.5% in the 2nd quarter. Cetera Investment Advisers now owns 197,343 shares of the company’s stock valued at $6,313,000 after acquiring an additional 119,509 shares during the period. OmniStar Financial Group Inc. increased its stake in shares of Fidelity Enhanced Small Cap ETF by 1.9% during the 2nd quarter. OmniStar Financial Group Inc. now owns 17,224 shares of the company’s stock worth $551,000 after purchasing an additional 313 shares during the last quarter. PFG Advisors raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 33.5% in the 2nd quarter. PFG Advisors now owns 22,558 shares of the company’s stock valued at $722,000 after purchasing an additional 5,662 shares during the period. Finally, Summit Investment Advisors Inc. acquired a new stake in Fidelity Enhanced Small Cap ETF in the 1st quarter valued at about $476,000.

Fidelity Enhanced Small Cap ETF Stock Up 0.1%

Shares of NYSEARCA FESM opened at $35.60 on Thursday. The business’s 50 day moving average price is $36.69 and its two-hundred day moving average price is $33.93. The company has a market cap of $2.78 billion, a PE ratio of 16.78 and a beta of 1.48. Fidelity Enhanced Small Cap ETF has a twelve month low of $25.19 and a twelve month high of $38.15.

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.