Fidelity Enhanced Small Cap ETF $FESM Shares Bought by Private Trust Co. NA

Private Trust Co. NA grew its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 173.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 13,309 shares of the company’s stock after buying an additional 8,441 shares during the period. Private Trust Co. NA’s holdings in Fidelity Enhanced Small Cap ETF were worth $426,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in FESM. Lynch & Associates IN increased its position in Fidelity Enhanced Small Cap ETF by 3.4% in the 2nd quarter. Lynch & Associates IN now owns 15,504 shares of the company’s stock valued at $496,000 after acquiring an additional 507 shares during the period. Madison Wealth Partners Inc grew its stake in shares of Fidelity Enhanced Small Cap ETF by 7.1% in the 1st quarter. Madison Wealth Partners Inc now owns 12,285 shares of the company’s stock valued at $362,000 after purchasing an additional 812 shares during the last quarter. 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 position in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $36,000. Finally, FMA Wealth Management LLC raised its stake in shares of Fidelity Enhanced Small Cap ETF by 1.9% during the second quarter. FMA Wealth Management LLC now owns 87,419 shares of the company’s stock worth $2,797,000 after purchasing an additional 1,629 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Shares of NYSEARCA FESM opened at $36.52 on Monday. The stock has a fifty day moving average price of $35.83 and a 200 day moving average price of $32.46. Fidelity Enhanced Small Cap ETF has a 1-year low of $25.19 and a 1-year high of $37.58. The company has a market cap of $2.74 billion, a PE ratio of 16.78 and a beta of 1.22.

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.