Private Trust Co. NA Boosts Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Private Trust Co. NA raised its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 173.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,309 shares of the company’s stock after purchasing an additional 8,441 shares during the quarter. Private Trust Co. NA’s holdings in Fidelity Enhanced Small Cap ETF were worth $426,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC raised its position in shares of Fidelity Enhanced Small Cap ETF by 19.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,991,298 shares of the company’s stock worth $58,703,000 after buying an additional 323,849 shares during the period. LPL Financial LLC increased its stake in Fidelity Enhanced Small Cap ETF by 101.5% during the first quarter. LPL Financial LLC now owns 1,018,403 shares of the company’s stock worth $30,023,000 after acquiring an additional 513,009 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Fidelity Enhanced Small Cap ETF by 37.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,005,788 shares of the company’s stock worth $29,651,000 after acquiring an additional 272,665 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Fidelity Enhanced Small Cap ETF in the 1st quarter worth about $13,531,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Fidelity Enhanced Small Cap ETF by 92.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 404,777 shares of the company’s stock worth $11,933,000 after purchasing an additional 194,951 shares during the period.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of NYSEARCA:FESM opened at $36.52 on Monday. Fidelity Enhanced Small Cap ETF has a 1 year low of $25.19 and a 1 year high of $37.58. The stock has a market capitalization of $2.74 billion, a P/E ratio of 16.78 and a beta of 1.22. The stock has a 50-day simple moving average of $35.83 and a 200-day simple moving average of $32.46.

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.