Baird Financial Group Inc. Purchases 14,911 Shares of Fidelity Enhanced Small Cap ETF $FESM

Baird Financial Group Inc. increased its position in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 4.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 392,125 shares of the company’s stock after acquiring an additional 14,911 shares during the period. Baird Financial Group Inc. owned about 0.30% of Fidelity Enhanced Small Cap ETF worth $18,936,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in shares of Fidelity Enhanced Small Cap ETF during the first quarter valued at about $105,807,000. JPMorgan Chase & Co. raised its holdings in Fidelity Enhanced Small Cap ETF by 39,683.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,845,939 shares of the company’s stock valued at $69,740,000 after buying an additional 1,841,299 shares during the last quarter. Tableaux LLC acquired a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $68,706,000. Dynasty Wealth Management LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter worth approximately $67,286,000. Finally, LPL Financial LLC increased its position in Fidelity Enhanced Small Cap ETF by 66.6% in the 4th quarter. LPL Financial LLC now owns 4,286,386 shares of the company’s stock valued at $161,940,000 after acquiring an additional 1,713,064 shares during the period.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of NYSEARCA:FESM opened at $46.36 on Friday. Fidelity Enhanced Small Cap ETF has a 52 week low of $34.83 and a 52 week high of $48.93. The firm has a market cap of $5.98 billion, a PE ratio of 16.78 and a beta of 1.30. The firm’s fifty day moving average is $47.48 and its 200-day moving average is $44.25.

Fidelity Enhanced Small Cap ETF 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.