Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $49.50 and last traded at $49.50, with a volume of 151 shares trading hands. The stock had previously closed at $48.44.
Fidelity Enhanced Small Cap ETF Stock Performance
The stock has a 50 day moving average of $46.75 and a two-hundred day moving average of $42.80. The stock has a market cap of $6.25 billion, a PE ratio of 16.78 and a beta of 1.31.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in FESM. Mayfair Advisory Group LLC boosted its stake in Fidelity Enhanced Small Cap ETF by 37.8% in the 4th quarter. Mayfair Advisory Group LLC now owns 207,504 shares of the company’s stock worth $7,898,000 after purchasing an additional 56,941 shares during the period. World Investment Advisors acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at $532,000. Quotient Wealth Partners LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at $66,765,000. Kestra Private Wealth Services LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 203.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 32,190 shares of the company’s stock valued at $1,216,000 after purchasing an additional 21,567 shares in the last quarter. Finally, tru Independence LLC lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 33.0% in the fourth quarter. tru Independence LLC now owns 125,563 shares of the company’s stock valued at $4,744,000 after purchasing an additional 31,138 shares in the last quarter.
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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