Fidelity Enhanced Small Cap ETF $FESM Holdings Increased by PFG Advisors

PFG Advisors lifted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 97.6% in the third quarter, HoldingsChannel reports. The fund owned 44,579 shares of the company’s stock after purchasing an additional 22,021 shares during the quarter. PFG Advisors’ holdings in Fidelity Enhanced Small Cap ETF were worth $1,630,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Cornerstone Planning Group LLC increased its stake in shares of Fidelity Enhanced Small Cap ETF by 69.7% during the third quarter. Cornerstone Planning Group LLC now owns 750 shares of the company’s stock valued at $28,000 after acquiring an additional 308 shares during the period. Harbor Asset Planning Inc. acquired a new stake in Fidelity Enhanced Small Cap ETF in the third quarter worth approximately $61,000. JPMorgan Chase & Co. lifted its position in Fidelity Enhanced Small Cap ETF by 9,180.0% in the third quarter. JPMorgan Chase & Co. now owns 4,640 shares of the company’s stock worth $170,000 after purchasing an additional 4,590 shares during the period. Bank of America Corp DE boosted its stake in Fidelity Enhanced Small Cap ETF by 897.4% during the 2nd quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock valued at $198,000 after purchasing an additional 5,564 shares in the last quarter. Finally, ARK & TLK Investments LLC bought a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at $205,000.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM stock opened at $38.64 on Wednesday. Fidelity Enhanced Small Cap ETF has a 1 year low of $25.19 and a 1 year high of $41.28. The business’s fifty day moving average is $39.80 and its 200-day moving average is $37.94. The stock has a market cap of $3.70 billion, a PE ratio of 16.78 and a beta of 1.48.

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.