Fidelity Enhanced Small Cap ETF $FESM Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its holdings in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 66.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,286,386 shares of the company’s stock after purchasing an additional 1,713,064 shares during the period. LPL Financial LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $161,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DecisionMap Wealth Management LLC acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $1,398,000. American National Bank of Texas acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $6,226,000. Focus Financial Network Inc. acquired a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at $2,301,000. Petra Financial Advisors Inc. acquired a new position in Fidelity Enhanced Small Cap ETF during the third quarter valued at $865,000. Finally, First Heartland Consultants Inc. lifted its position in Fidelity Enhanced Small Cap ETF by 28.4% during the fourth quarter. First Heartland Consultants Inc. now owns 147,535 shares of the company’s stock valued at $5,574,000 after purchasing an additional 32,646 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

NYSEARCA FESM opened at $44.54 on Thursday. The company has a market capitalization of $5.01 billion, a PE ratio of 16.78 and a beta of 1.35. The company has a fifty day moving average of $42.97 and a 200 day moving average of $40.38. Fidelity Enhanced Small Cap ETF has a 1 year low of $30.37 and a 1 year high of $45.94.

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.