Fidelity Enhanced Small Cap ETF $FESM Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 32.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,044,470 shares of the company’s stock after acquiring an additional 254,181 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity Enhanced Small Cap ETF were worth $46,949,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sowell Financial Services LLC boosted its holdings in shares of Fidelity Enhanced Small Cap ETF by 1.2% during the third quarter. Sowell Financial Services LLC now owns 52,645 shares of the company’s stock worth $2,366,000 after purchasing an additional 599 shares during the period. Balance Wealth Partners LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the 3rd quarter valued at about $31,000. Verdence Capital Advisors LLC increased its holdings in Fidelity Enhanced Small Cap ETF by 9.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,976 shares of the company’s stock valued at $403,000 after purchasing an additional 741 shares during the period. MFA Wealth Services increased its holdings in Fidelity Enhanced Small Cap ETF by 4.5% during the 3rd quarter. MFA Wealth Services now owns 19,327 shares of the company’s stock valued at $869,000 after purchasing an additional 832 shares during the period. Finally, Johnson Financial Group Inc. raised its position in Fidelity Enhanced Small Cap ETF by 55.9% during the 1st quarter. Johnson Financial Group Inc. now owns 2,713 shares of the company’s stock valued at $103,000 after purchasing an additional 973 shares during the last quarter.

Fidelity Enhanced Small Cap ETF Price Performance

FESM traded up $0.22 during midday trading on Friday, reaching $44.33. 1,743,632 shares of the company’s stock traded hands, compared to its average volume of 841,242. 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 fifty day moving average of $45.67 and a two-hundred day moving average of $44.01. The stock has a market capitalization of $6.57 billion, a price-to-earnings ratio of 18.06 and a beta of 1.31.

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.