Petra Financial Advisors Inc. Has $1.67 Million Stock Position in Fidelity Enhanced Small Cap ETF $FESM

Petra Financial Advisors Inc. lifted its stake in shares of Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) by 44.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,051 shares of the company’s stock after purchasing an additional 13,640 shares during the period. Fidelity Enhanced Small Cap ETF accounts for 1.0% of Petra Financial Advisors Inc.’s holdings, making the stock its 22nd biggest position. Petra Financial Advisors Inc.’s holdings in Fidelity Enhanced Small Cap ETF were worth $1,674,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Royal Bank of Canada grew its stake in shares of Fidelity Enhanced Small Cap ETF by 4.2% in the first quarter. Royal Bank of Canada now owns 207,226 shares of the company’s stock valued at $6,109,000 after buying an additional 8,269 shares in the last quarter. Raymond James Financial Inc. raised its position in Fidelity Enhanced Small Cap ETF by 146.9% during the second quarter. Raymond James Financial Inc. now owns 256,131 shares of the company’s stock worth $8,194,000 after acquiring an additional 152,392 shares in the last quarter. Jane Street Group LLC bought a new stake in Fidelity Enhanced Small Cap ETF during the second quarter worth $1,873,000. CLG LLC acquired a new stake in Fidelity Enhanced Small Cap ETF in the second quarter valued at $681,000. Finally, Bank of America Corp DE grew its position in shares of Fidelity Enhanced Small Cap ETF by 897.4% in the 2nd quarter. Bank of America Corp DE now owns 6,184 shares of the company’s stock valued at $198,000 after acquiring an additional 5,564 shares during the period.

Fidelity Enhanced Small Cap ETF Price Performance

Fidelity Enhanced Small Cap ETF stock opened at $47.64 on Wednesday. The firm has a market capitalization of $6.05 billion, a PE ratio of 16.78 and a beta of 1.29. The company’s 50-day moving average is $46.18 and its 200-day moving average is $42.25. Fidelity Enhanced Small Cap ETF has a fifty-two week low of $31.72 and a fifty-two week high of $48.62.

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.