Lynch & Associates IN Buys Shares of 14,997 Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Lynch & Associates IN bought a new stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,997 shares of the company’s stock, valued at approximately $442,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FESM. FMR LLC lifted its position in shares of Fidelity Enhanced Small Cap ETF by 45.6% in the fourth quarter. FMR LLC now owns 12,099,573 shares of the company’s stock worth $391,421,000 after buying an additional 3,788,766 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Fidelity Enhanced Small Cap ETF by 100.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,667,449 shares of the company’s stock worth $53,942,000 after buying an additional 833,533 shares during the last quarter. LPL Financial LLC lifted its position in shares of Fidelity Enhanced Small Cap ETF by 923.7% in the fourth quarter. LPL Financial LLC now owns 505,394 shares of the company’s stock worth $16,349,000 after buying an additional 456,026 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $7,191,000. Finally, Dahring Cusmano LLC acquired a new stake in shares of Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $6,930,000.

Fidelity Enhanced Small Cap ETF Stock Performance

NYSEARCA FESM opened at $30.97 on Tuesday. Fidelity Enhanced Small Cap ETF has a twelve month low of $25.19 and a twelve month high of $36.13. The stock has a market capitalization of $1.82 billion, a PE ratio of 16.87 and a beta of 1.22. The stock has a 50-day simple moving average of $29.48 and a 200 day simple moving average of $31.31.

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.