Prime Capital Investment Advisors LLC lowered its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Free Report) by 7.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,683,170 shares of the company’s stock after selling 207,370 shares during the quarter. Fidelity Enhanced Small Cap ETF accounts for about 1.2% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 18th largest position. Prime Capital Investment Advisors LLC owned 1.85% of Fidelity Enhanced Small Cap ETF worth $120,608,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. tru Independence LLC grew its stake in Fidelity Enhanced Small Cap ETF by 2.2% during the 3rd quarter. tru Independence LLC now owns 125,308 shares of the company’s stock worth $5,633,000 after purchasing an additional 2,729 shares in the last quarter. Mayfair Advisory Group LLC raised its position in Fidelity Enhanced Small Cap ETF by 5.4% in the 3rd quarter. Mayfair Advisory Group LLC now owns 313,592 shares of the company’s stock valued at $14,096,000 after purchasing an additional 15,948 shares in the last quarter. LongView Wealth Management raised its position in Fidelity Enhanced Small Cap ETF by 12.7% in the 3rd quarter. LongView Wealth Management now owns 41,792 shares of the company’s stock valued at $1,879,000 after purchasing an additional 4,699 shares in the last quarter. IFP Advisors Inc raised its position in Fidelity Enhanced Small Cap ETF by 419.5% in the 3rd quarter. IFP Advisors Inc now owns 98,627 shares of the company’s stock valued at $4,433,000 after purchasing an additional 79,642 shares in the last quarter. Finally, CRA Financial Services LLC boosted its stake in shares of Fidelity Enhanced Small Cap ETF by 38.1% in the 3rd quarter. CRA Financial Services LLC now owns 31,404 shares of the company’s stock valued at $1,412,000 after buying an additional 8,656 shares during the period.
Fidelity Enhanced Small Cap ETF Price Performance
Shares of Fidelity Enhanced Small Cap ETF stock traded up $0.75 on Tuesday, reaching $45.16. 777,012 shares of the company were exchanged, compared to its average volume of 803,778. Fidelity Enhanced Small Cap ETF has a 1-year low of $34.83 and a 1-year high of $48.93. The company has a market cap of $6.55 billion, a P/E ratio of 16.78 and a beta of 1.32. The stock’s 50 day moving average price is $46.43 and its 200-day moving average price is $45.53.
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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