Sigma Planning Corp bought a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,595 shares of the company’s stock, valued at approximately $1,240,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Bancorp acquired a new position in Fidelity Enhanced Small Cap ETF during the 1st quarter worth $105,807,000. Cetera Investment Advisers increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 46.8% during the first quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after purchasing an additional 625,917 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 41.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after purchasing an additional 441,088 shares during the period. Royal Bank of Canada increased its holdings in shares of Fidelity Enhanced Small Cap ETF by 30.7% during the first quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after purchasing an additional 286,625 shares during the period. Finally, Waverly Advisors LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at about $45,744,000.
Fidelity Enhanced Small Cap ETF Stock Up 0.8%
Shares of NYSEARCA FESM opened at $46.25 on Friday. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $34.83 and a fifty-two week high of $48.93. The firm’s 50-day simple moving average is $45.98 and its 200 day simple moving average is $43.85. The stock has a market cap of $6.78 billion, a P/E ratio of 16.78 and a beta of 1.32.
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.
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