Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Shares Bought by Financial Perspectives Inc

Financial Perspectives Inc grew its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,854 shares of the company’s stock after acquiring an additional 527 shares during the quarter. Financial Perspectives Inc owned about 0.06% of Fidelity Enhanced Small Cap ETF worth $383,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Retirement Income Solutions Inc acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $4,910,000. Principal Securities Inc. lifted its holdings in Fidelity Enhanced Small Cap ETF by 208.7% in the fourth quarter. Principal Securities Inc. now owns 1,627 shares of the company’s stock worth $53,000 after purchasing an additional 1,100 shares during the period. Geneva Partners LLC lifted its holdings in Fidelity Enhanced Small Cap ETF by 10.5% in the fourth quarter. Geneva Partners LLC now owns 20,738 shares of the company’s stock worth $671,000 after purchasing an additional 1,963 shares during the period. Greenwood Capital Associates LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $325,000. Finally, Summit Investment Advisory Services LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $9,215,000.

Fidelity Enhanced Small Cap ETF Stock Up 0.5 %

FESM stock opened at $33.68 on Wednesday. The company has a market capitalization of $657.43 million, a P/E ratio of 16.61 and a beta of 1.22. The company has a 50-day simple moving average of $33.32 and a 200 day simple moving average of $32.72. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $27.33 and a fifty-two week high of $36.13.

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.