Fidelity Enhanced Small Cap ETF $FESM Shares Sold by Lincoln Capital Corp

Lincoln Capital Corp lessened its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 63.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 109,831 shares of the company’s stock after selling 194,056 shares during the quarter. Fidelity Enhanced Small Cap ETF makes up approximately 1.6% of Lincoln Capital Corp’s portfolio, making the stock its 21st biggest position. Lincoln Capital Corp owned 0.08% of Fidelity Enhanced Small Cap ETF worth $4,937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in Fidelity Enhanced Small Cap ETF in the 1st quarter worth approximately $105,807,000. Tableaux LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $68,706,000. Calamos Advisors LLC increased its stake in shares of Fidelity Enhanced Small Cap ETF by 2,467.3% during the first quarter. Calamos Advisors LLC now owns 1,053,734 shares of the company’s stock valued at $40,042,000 after buying an additional 1,012,689 shares during the period. Waverly Advisors LLC bought a new position in shares of Fidelity Enhanced Small Cap ETF during the second quarter valued at approximately $45,744,000. Finally, Bank of America Corp DE raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 284.6% during the first quarter. Bank of America Corp DE now owns 871,856 shares of the company’s stock valued at $33,131,000 after acquiring an additional 645,168 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

FESM stock traded down $0.09 on Tuesday, reaching $45.15. The company’s stock had a trading volume of 1,456,863 shares, compared to its average volume of 796,193. The business has a fifty day simple moving average of $46.79 and a two-hundred day simple moving average of $45.28. Fidelity Enhanced Small Cap ETF has a 12-month low of $34.83 and a 12-month high of $48.93. The firm has a market cap of $6.49 billion, a PE ratio of 16.78 and a beta of 1.32.

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.