Sunbelt Securities Inc. Has $454,000 Position in Fidelity Enhanced Small Cap ETF $FESM

Sunbelt Securities Inc. lowered its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 55.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,953 shares of the company’s stock after selling 14,906 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $454,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Fidelity Enhanced Small Cap ETF by 66.6% during the fourth quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock worth $161,940,000 after purchasing an additional 1,713,064 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Fidelity Enhanced Small Cap ETF by 30.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,230,962 shares of the company’s stock valued at $122,066,000 after purchasing an additional 749,061 shares during the period. Fifth Third Bancorp bought a new stake in shares of Fidelity Enhanced Small Cap ETF in the 1st quarter valued at approximately $105,807,000. Commonwealth Equity Services LLC grew its stake in shares of Fidelity Enhanced Small Cap ETF by 39.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,225,336 shares of the company’s stock valued at $84,073,000 after purchasing an additional 624,608 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 46.8% in the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock worth $74,560,000 after buying an additional 625,917 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $46.63 on Friday. The company has a market capitalization of $5.95 billion, a PE ratio of 16.78 and a beta of 1.29. Fidelity Enhanced Small Cap ETF has a one year low of $31.72 and a one year high of $48.62. The business has a 50 day simple moving average of $46.64 and a 200 day simple moving average of $42.67.

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.