Fidelity Enhanced Small Cap ETF $FESM Stock Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its holdings in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 28.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 79,275 shares of the company’s stock after purchasing an additional 17,685 shares during the quarter. Kestra Private Wealth Services LLC owned 0.05% of Fidelity Enhanced Small Cap ETF worth $3,563,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Fifth Third Bancorp acquired a new stake in Fidelity Enhanced Small Cap ETF in the first quarter worth about $105,807,000. Cetera Investment Advisers increased its stake in Fidelity Enhanced Small Cap ETF by 46.8% during the 1st quarter. Cetera Investment Advisers now owns 1,962,108 shares of the company’s stock valued at $74,560,000 after buying an additional 625,917 shares during the period. Envestnet Asset Management Inc. increased its stake in Fidelity Enhanced Small Cap ETF by 41.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,501,451 shares of the company’s stock valued at $72,505,000 after buying an additional 441,088 shares during the period. Royal Bank of Canada increased its stake in Fidelity Enhanced Small Cap ETF by 30.7% during the 1st quarter. Royal Bank of Canada now owns 1,220,056 shares of the company’s stock valued at $46,363,000 after buying an additional 286,625 shares during the period. Finally, Calamos Advisors LLC increased its stake in Fidelity Enhanced Small Cap ETF by 2,467.3% during the 1st 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.

Fidelity Enhanced Small Cap ETF Trading Down 4.6%

FESM stock opened at $44.11 on Friday. Fidelity Enhanced Small Cap ETF has a 52 week low of $34.83 and a 52 week high of $48.93. The company has a market capitalization of $6.50 billion, a price-to-earnings ratio of 18.06 and a beta of 1.32. The firm’s 50-day moving average is $45.74 and its two-hundred day moving average is $43.98.

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.