Little House Capital LLC trimmed its holdings in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 6.5% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 330,362 shares of the company’s stock after selling 22,805 shares during the period. Fidelity Enhanced Small Cap ETF accounts for about 3.2% of Little House Capital LLC’s investment portfolio, making the stock its 6th biggest holding. Little House Capital LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $12,554,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of FESM. LPL Financial LLC grew its holdings in Fidelity Enhanced Small Cap ETF by 66.6% during the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after acquiring an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity Enhanced Small Cap ETF by 30.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock worth $122,066,000 after purchasing an additional 749,061 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the 1st quarter worth $105,807,000. Commonwealth Equity Services LLC increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 39.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock valued at $84,073,000 after purchasing an additional 624,608 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 39,683.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after purchasing an additional 1,841,299 shares during the period.
Fidelity Enhanced Small Cap ETF Trading Down 0.7%
Shares of FESM opened at $47.22 on Friday. The firm’s 50-day moving average is $46.06 and its two-hundred day moving average is $42.09. Fidelity Enhanced Small Cap ETF has a twelve month low of $31.72 and a twelve month high of $48.62. The firm has a market capitalization of $5.97 billion, a P/E ratio of 16.78 and a beta of 1.29.
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.
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Want to see what other hedge funds are holding FESM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report).
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