Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) Hits New 1-Year High – Here’s Why

Posted by Trevor Kearing on Apr 27th, 2026

Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $43.10 and last traded at $42.90, with a volume of 73236 shares traded. The stock had previously closed at $42.91.

Fidelity Enhanced Small Cap ETF Stock Performance

The stock has a market cap of $4.77 billion, a P/E ratio of 16.78 and a beta of 1.36. The company has a 50-day simple moving average of $39.53 and a 200-day simple moving average of $38.69.

Institutional Investors Weigh In On Fidelity Enhanced Small Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its position in shares of Fidelity Enhanced Small Cap ETF by 4.2% during the first quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock worth $6,109,000 after purchasing an additional 8,269 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Fidelity Enhanced Small Cap ETF by 146.9% during the 2nd quarter. Raymond James Financial Inc. now owns 256,131 shares of the company’s stock worth $8,194,000 after buying an additional 152,392 shares in the last quarter. Jane Street Group LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the 2nd quarter worth $1,873,000. CLG LLC bought a new position in Fidelity Enhanced Small Cap ETF in the 2nd quarter valued at $681,000. Finally, Bank of America Corp DE increased its stake in shares of Fidelity Enhanced Small Cap ETF by 897.4% in the 2nd quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock valued at $198,000 after buying an additional 5,564 shares during the period.

Fidelity Enhanced Small Cap ETF Company Profile

(Get Free Report)

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.