InTrack Investment Management Inc raised its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 427.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,216 shares of the company’s stock after acquiring an additional 45,557 shares during the quarter. Fidelity Enhanced Small Cap ETF makes up about 1.4% of InTrack Investment Management Inc’s portfolio, making the stock its 26th biggest position. InTrack Investment Management Inc’s holdings in Fidelity Enhanced Small Cap ETF were worth $2,715,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Fifth Third Bancorp bought a new position in shares of Fidelity Enhanced Small Cap ETF in the 1st quarter worth $105,807,000. JPMorgan Chase & Co. grew its stake in Fidelity Enhanced Small Cap ETF by 39,683.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after purchasing an additional 1,841,299 shares during the last quarter. Tableaux LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter valued at about $68,706,000. Dynasty Wealth Management LLC bought a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $67,286,000. Finally, LPL Financial LLC raised its holdings in Fidelity Enhanced Small Cap ETF by 66.6% in the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after purchasing an additional 1,713,064 shares in the last quarter.
Fidelity Enhanced Small Cap ETF Stock Performance
NYSEARCA:FESM opened at $47.04 on Thursday. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $34.83 and a fifty-two week high of $48.93. The stock has a market capitalization of $6.06 billion, a P/E ratio of 16.78 and a beta of 1.30. The company’s 50-day simple moving average is $47.61 and its 200-day simple moving average is $43.95.
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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