7,582 Shares in Fidelity Enhanced Small Cap ETF $FESM Bought by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,582 shares of the company’s stock, valued at approximately $243,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at approximately $31,000. Farther Finance Advisors LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the 2nd quarter worth approximately $36,000. Ameritas Advisory Services LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the second quarter valued at $77,000. Private Trust Co. NA increased its stake in shares of Fidelity Enhanced Small Cap ETF by 121.8% in the 1st quarter. Private Trust Co. NA now owns 4,868 shares of the company’s stock valued at $144,000 after purchasing an additional 2,673 shares in the last quarter. Finally, Register Financial Advisors LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $181,000.

Fidelity Enhanced Small Cap ETF Stock Up 0.0%

Shares of NYSEARCA FESM opened at $36.94 on Tuesday. Fidelity Enhanced Small Cap ETF has a 52-week low of $25.19 and a 52-week high of $37.34. The company’s 50-day simple moving average is $35.16 and its 200-day simple moving average is $32.03. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 16.78 and a beta of 1.22.

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.