Kestra Advisory Services LLC increased its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 32.2% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,044,470 shares of the company’s stock after purchasing an additional 254,181 shares during the period. Kestra Advisory Services LLC owned approximately 0.71% of Fidelity Enhanced Small Cap ETF worth $46,949,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Commonwealth Equity Services LLC purchased a new stake in Fidelity Enhanced Small Cap ETF during the third quarter valued at about $127,267,000. Fifth Third Bancorp purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the first quarter worth about $105,807,000. Cetera Investment Advisers lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after acquiring an additional 625,917 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 41.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after acquiring an additional 441,088 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in Fidelity Enhanced Small Cap ETF by 30.7% during the 1st quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after acquiring an additional 286,625 shares during the period.
Fidelity Enhanced Small Cap ETF Price Performance
Fidelity Enhanced Small Cap ETF stock traded up $0.22 during trading hours on Friday, reaching $44.33. The company had a trading volume of 1,743,632 shares, compared to its average volume of 841,242. The company has a 50-day moving average price of $45.67 and a 200 day moving average price of $44.01. The firm has a market cap of $6.57 billion, a price-to-earnings ratio of 18.06 and a beta of 1.31. Fidelity Enhanced Small Cap ETF has a 12-month low of $34.83 and a 12-month high of $48.93.
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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