Harbour Investments Inc. Grows Position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM)

Harbour Investments Inc. increased its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 88.9% in the fourth quarter, HoldingsChannel reports. The firm owned 36,184 shares of the company’s stock after purchasing an additional 17,025 shares during the quarter. Harbour Investments Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,171,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. FMR LLC raised its stake in Fidelity Enhanced Small Cap ETF by 344.3% during the third quarter. FMR LLC now owns 8,310,807 shares of the company’s stock valued at $267,400,000 after buying an additional 6,440,359 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in Fidelity Enhanced Small Cap ETF by 100.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,667,449 shares of the company’s stock valued at $53,942,000 after buying an additional 833,533 shares during the last quarter. Summit Investment Advisory Services LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $9,215,000. Dahring Cusmano LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $6,930,000. Finally, Retirement Income Solutions Inc purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $4,910,000.

Fidelity Enhanced Small Cap ETF Trading Down 0.8 %

Shares of NYSEARCA:FESM opened at $30.08 on Wednesday. The stock has a fifty day simple moving average of $32.37 and a two-hundred day simple moving average of $32.77. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 17.03 and a beta of 1.22. Fidelity Enhanced Small Cap ETF has a 12-month low of $27.33 and a 12-month 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.