Investment Advisory Services Inc. TX ADV Acquires New Position in Fidelity Enhanced Small Cap ETF $FESM

Investment Advisory Services Inc. TX ADV bought a new stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 205,203 shares of the company’s stock, valued at approximately $9,224,000. Fidelity Enhanced Small Cap ETF comprises about 2.6% of Investment Advisory Services Inc. TX ADV’s investment portfolio, making the stock its 8th largest holding. Investment Advisory Services Inc. TX ADV owned about 0.14% of Fidelity Enhanced Small Cap ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the third quarter valued at approximately $58,000. Mosley Wealth Management bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the third quarter valued at approximately $70,000. Johnson Financial Group Inc. raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 55.9% during the first quarter. Johnson Financial Group Inc. now owns 2,713 shares of the company’s stock valued at $103,000 after buying an additional 973 shares during the last quarter. Valued Retirements Inc. bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at approximately $209,000. Finally, Wedbush Securities Inc. acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the third quarter worth approximately $220,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM opened at $45.67 on Wednesday. The firm has a market capitalization of $6.69 billion, a price-to-earnings ratio of 16.78 and a beta of 1.32. Fidelity Enhanced Small Cap ETF has a one year low of $34.83 and a one year high of $48.93. The stock’s fifty day moving average is $46.06 and its 200-day moving average is $43.79.

About Fidelity Enhanced Small Cap ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

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