Stadion Money Management LLC Takes $15.68 Million Position in Fidelity Enhanced Small Cap ETF $FESM

Stadion Money Management LLC acquired a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 412,569 shares of the company’s stock, valued at approximately $15,678,000. Fidelity Enhanced Small Cap ETF accounts for approximately 1.6% of Stadion Money Management LLC’s investment portfolio, making the stock its 16th largest position. Stadion Money Management LLC owned 0.37% of Fidelity Enhanced Small Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Royal Bank of Canada grew its holdings in Fidelity Enhanced Small Cap ETF by 4.2% in the 1st quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock valued at $6,109,000 after buying an additional 8,269 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Fidelity Enhanced Small Cap ETF by 146.9% during the second 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 during the last quarter. Jane Street Group LLC acquired a new position in shares of Fidelity Enhanced Small Cap ETF during the second quarter worth approximately $1,873,000. CLG LLC bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the second quarter valued at approximately $681,000. Finally, Bank of America Corp DE boosted its position in shares of Fidelity Enhanced Small Cap ETF by 897.4% in the second quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock valued at $198,000 after acquiring an additional 5,564 shares during the period.

Fidelity Enhanced Small Cap ETF Trading Down 0.1%

Shares of Fidelity Enhanced Small Cap ETF stock opened at $46.72 on Friday. The company’s fifty day simple moving average is $46.35 and its 200-day simple moving average is $42.41. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a 1 year low of $31.72 and a 1 year high of $48.62.

About Fidelity Enhanced Small Cap ETF

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.