Kestra Advisory Services LLC Grows Stock Holdings in Fidelity Enhanced Small Cap ETF $FESM

Kestra Advisory Services LLC lifted its stake in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 57.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 712,371 shares of the company’s stock after purchasing an additional 260,127 shares during the quarter. Kestra Advisory Services LLC owned about 0.64% of Fidelity Enhanced Small Cap ETF worth $27,070,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in FESM. Johnson Financial Group Inc. bought a new stake in Fidelity Enhanced Small Cap ETF in the fourth quarter worth $66,000. Harbor Asset Planning Inc. boosted its stake in Fidelity Enhanced Small Cap ETF by 18.1% in the 4th quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock worth $74,000 after purchasing an additional 299 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at about $83,000. IFP Advisors Inc bought a new stake in Fidelity Enhanced Small Cap ETF during the 4th quarter valued at about $85,000. Finally, Piscataqua Savings Bank purchased a new position in Fidelity Enhanced Small Cap ETF in the fourth quarter worth about $94,000.

Fidelity Enhanced Small Cap ETF Stock Down 0.5%

Shares of NYSEARCA FESM traded down $0.25 during midday trading on Friday, hitting $47.53. The stock had a trading volume of 2,183,285 shares, compared to its average volume of 705,421. The business’s 50 day moving average is $45.76 and its 200-day moving average is $41.78. Fidelity Enhanced Small Cap ETF has a 52 week low of $31.72 and a 52 week high of $48.62. The company has a market cap of $5.73 billion, a P/E ratio of 16.78 and a beta of 1.29.

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.