Janney Montgomery Scott LLC increased its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 265.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,818 shares of the company’s stock after purchasing an additional 34,738 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,817,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Harbor Asset Planning Inc. boosted its stake in Fidelity Enhanced Small Cap ETF by 18.1% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after buying an additional 299 shares in the last quarter. KWB Wealth raised its stake in shares of Fidelity Enhanced Small Cap ETF by 3.9% during the fourth quarter. KWB Wealth now owns 9,984 shares of the company’s stock worth $377,000 after acquiring an additional 371 shares in the last quarter. Valmark Advisers Inc. raised its stake in shares of Fidelity Enhanced Small Cap ETF by 1.6% during the fourth quarter. Valmark Advisers Inc. now owns 29,792 shares of the company’s stock worth $1,126,000 after acquiring an additional 476 shares in the last quarter. Balance Wealth LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 1.8% in the 4th quarter. Balance Wealth LLC now owns 27,965 shares of the company’s stock worth $1,057,000 after acquiring an additional 498 shares during the last quarter. Finally, Madison Wealth Partners Inc lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 3.8% in the 4th quarter. Madison Wealth Partners Inc now owns 13,509 shares of the company’s stock worth $510,000 after acquiring an additional 498 shares during the last quarter.
Fidelity Enhanced Small Cap ETF Stock Performance
FESM stock opened at $47.78 on Friday. Fidelity Enhanced Small Cap ETF has a 52 week low of $31.72 and a 52 week high of $48.62. The firm’s fifty day moving average is $45.66 and its 200 day moving average is $41.74. The firm has a market cap of $5.76 billion, a P/E ratio of 16.78 and a beta of 1.29.
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.
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