94,116 Shares in Fidelity Enhanced Small Cap ETF $FESM Purchased by Envision Financial LLC

Envision Financial LLC bought a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 94,116 shares of the company’s stock, valued at approximately $4,545,000. Fidelity Enhanced Small Cap ETF accounts for approximately 2.1% of Envision Financial LLC’s investment portfolio, making the stock its 15th biggest holding. Envision Financial LLC owned approximately 0.08% of Fidelity Enhanced Small Cap ETF as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the stock. Johnson Financial Group Inc. bought a new stake in shares of Fidelity Enhanced Small Cap ETF during the fourth quarter valued at about $66,000. Harbor Asset Planning Inc. boosted its position in shares of Fidelity Enhanced Small Cap ETF by 18.1% in the fourth quarter. Harbor Asset Planning Inc. now owns 1,954 shares of the company’s stock valued at $74,000 after acquiring an additional 299 shares during the period. PNC Financial Services Group Inc. purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $83,000. IFP Advisors Inc purchased a new position in Fidelity Enhanced Small Cap ETF during the fourth quarter valued at approximately $85,000. Finally, Advisory Services Network LLC purchased a new position in Fidelity Enhanced Small Cap ETF during the third quarter valued at approximately $155,000.

Fidelity Enhanced Small Cap ETF Trading Up 0.1%

Fidelity Enhanced Small Cap ETF stock opened at $48.17 on Wednesday. Fidelity Enhanced Small Cap ETF has a 1-year low of $33.30 and a 1-year high of $48.70. The firm has a market capitalization of $6.21 billion, a PE ratio of 16.78 and a beta of 1.31. The firm’s 50 day simple moving average is $46.99 and its 200 day simple moving average is $43.08.

Fidelity Enhanced Small Cap ETF 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.